Information Provided By:
Fly News Breaks for June 24, 2019
UTX, RTN
Jun 24, 2019 | 09:26 EDT
As previously reported, Buckingham analyst Richard Safran downgraded Raytheon (RTN) to Neutral from Buy and lowered his price target on the shares to $195 from $265. The analyst said that initially he was neutral on the deal with United Technologies (UTX), which Buckingham does not cover, but now believes it is a solid deal for United Technologies that "possibly undervalues" Raytheon. Safran added that until the deal is either completed or denied by the Pentagon, Raytheon shares will now be tied to United Technologies.
News For RTN;UTX From the Last 2 Days
There are no results for your query RTN;UTX