UBS has increased its price target for Raytheon Technologies (RTX, Financial) from $133 to $138. The investment firm maintains a Buy rating on the stock, highlighting this adjustment as a strategic move.
According to UBS, recent market reactions to tariff-related uncertainties have caused an exaggerated decline in RTX's stock value. The firm views this as an advantageous opportunity for investors to consider acquiring shares.
The revised price target and reiterated Buy rating reflect UBS's confidence in RTX's potential for growth, despite current market volatility.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for RTX Corp (RTX, Financial) is $134.40 with a high estimate of $160.00 and a low estimate of $87.00. The average target implies an upside of 18.15% from the current price of $113.75. More detailed estimate data can be found on the RTX Corp (RTX) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, RTX Corp's (RTX, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for RTX Corp (RTX, Financial) in one year is $134.27, suggesting a upside of 18.04% from the current price of $113.75. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the RTX Corp (RTX) Summary page.
