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Fly News Breaks for January 31, 2020
RTN
Jan 31, 2020 | 06:45 EDT
Credit Suisse analyst Robert Spingarn raised his price target for Raytheon to $257 from $235 and made no change to his Outperform rating following the company's Q4 results. While Raytheon's Q4 came in a little light of consensus, bookings were "exceptional" in the quarter, capping a very strong order year that bodes well for future growth, Spingarn tells investors in a research note.