Raytheon (RTN) Tops Q2 EPS by 13c, Updates Outlook

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Raytheon (RTN) PT Raised to $185 at Stifel Reiterates Buy

July 28, 2017 9:06 AM EDT

Stifel raised its price target on Raytheon (NYSE: RTN) to $185.00 (from $175.00) while maintaining a Buy rating. RTN posted strong 2Q17 EPS of $1.89, above the consensus estimate of $1.76. Quarterly revenue of $6.281B was also better than expected, beating consensus.

Based on 2Q17 results, Raytheon... More