RTX Reaches Analyst Target Price
July 17, 2024 at 09:48 AM EDT
In recent trading, shares of RTX Corp (RTX) have crossed above the average analyst 12-month target price of $102.11, changing hands for $103.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..