Susquehanna analyst Charles Minervino raised the firm’s price target on Raytheon Technologies to $117 from $116 and keeps a Positive rating on the shares. The analyst said the company continues to operate in a very favorable environment, benefiting from the recovering commercial aerospace market and rising global defense spending.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RTX:
- Raytheon Technologies backs FY23 adjusted EPS view $4.90-$5.05, consensus $5.01
- Raytheon Technologies reports Q1 adjusted EPS $1.22, consensus $1.13
- Raytheon Technologies Reports Q1 2023 Results
- Raytheon Technologies Board of Directors Increases Quarterly Cash Dividend
- Raytheon Technologies raises quarterly dividend 7.3% to 59c per share
