Raytheon (RTN) Tops Q4 EPS by 4c; Issues Solid Outlook

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Raytheon (RTN) PT Lifted to $138 at Jefferies

January 29, 2016 8:39 AM EST

Jefferies analyst Howard Rubel reiterated a Buy rating and bumped his price target on Raytheon (NYSE: RTN) to $138.00 (from $133.00) following solid results.

Rubel commented, "The company reported EPS of $6.75 for 2015. We are raising our 2016 estimate to $7.10 from $7.00. Our 2017 EPS is $8.15. Forcepoint amortization and... More

Raytheon (RTN) Remains a Top Pick for RBC Capital Following a 4Q EPS Beat

January 29, 2016 7:37 AM EST

RBC Capital maintained a Top Pick rating on Raytheon (NYSE: RTN), and cut the price target to $147.00 (from $149.00), following the company's 4Q earnings report. Raytheon reported EPS of $1.85, ahead of consensus of $1.80. Management tackled concerns regarding the impact of the oil price collapse on... More