Raytheon misses revenue estimates hit by supply chain snags
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Raytheon (RTX) PT Lowered to $120 at Vertical Research Partners Following EPS
July 26, 2022 12:24 PM EDTVertical Research Partners analyst Robert Stallard lowered the price target on Raytheon Technologies Corp. (NYSE: RTX) to $120.00 (from $123.00) while maintaining a Buy rating following earnings.
The firm's 2022 adjusted EPS estimate goes from $4.84 to $4.77, with 2023 moving from $6.37 to $6.21. They forecast free cashflow... More
