Raytheon Technologies Corp. (RTX) PT Raised to $105 at Vertical Research Partners

July 27, 2021 3:41 PM EDT
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Price: $86.75 --0%

Rating Summary:
    11 Buy, 3 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 1 | New: 21
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Vertical Research Partners analyst Robert Stallard raised the price target on Raytheon Technologies Corp. (NYSE: RTX) to $105.00 (from $102.00) while maintaining a Buy rating following results with Collins aftermarket snapping back.

  • increased forecast for 2021 adjusted EPS from $3.77 to $4.00, while 2022 remains at $5.22.
  • 2021 FCF forecast has been increased to $5.0bn, growing to $6.7bn next year

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