Options Activity Points to Speculatively Bullish Sentiment in Raytheon (RTN) Amid Increased Tensions with North Korea -Susquehanna
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Raytheon (RTN) Appoints Robert Work to Board
August 14, 2017 9:05 AM EDTThe Board of Directors of Raytheon Company (NYSE: RTN) has elected Robert O. Work as a director, effective immediately. Work, 64, was appointed the 31st Deputy Secretary of Defense by President Barack Obama in 2014, a position he held through July 2017.
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Raytheon (RTN) PT Raised to $189 at Cowen; Reiterates Outperform
August 10, 2017 2:12 PM EDTCowen raised its price target on Raytheon (NYSE: RTN) to $189.00 (from $182.00) while maintaining a Outperform rating. RTN's dinner last night suggested it's doing well on domestic captures and has potential for a healthy lift in foreign orders next year.
Raytheon won the... More
S&P closes barely lower despite North Korea tensions
August 9, 2017 7:41 AM EDTBy Kimberly Chin
NEW YORK (Reuters) - U.S. stocks clawed back losses late on Wednesday as investors appeared to brush off geopolitical concerns after falling in the wake of U.S. President Donald Trump's "fire and fury" warning to North Korea.
Bargain-seeking investors instead turned their focus to strength in the global economy and earnings toward the end of an active trading day.
"It's amazing when you consider the headlines just how calm the equity markets are, how they've taken things in their stride," said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North... More
UPDATE: Morgan Stanley Starts Raytheon (RTN) at Overweight
August 8, 2017 5:32 AM EDT(Updated - August 8, 2017 1:25 PM EDT)
(updated to correct rating)
Morgan Stanley initiates coverage on Raytheon (NYSE: RTN) with a Overweight rating and a price target of $188.00.
Analyst Rajeev Lalwani says the company's substantial international exposure and leading solutions in markets with high-demand... More
