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home / news releases / RTN - United Tech's post-merger drop overdone Vertical Research says in upgrade


RTN - United Tech's post-merger drop overdone Vertical Research says in upgrade

  • United Technologies (UTX +0.5%) has shed ~5% since it started the week with news of its proposed merger with Raytheon (RTN +0.6%), and Vertical Research analyst Jeff Sprague thinks it fallen too far, upgrading shares to Buy from Hold, although he trims his price target to $145 from $150.
  • More news on: United Technologies Corporation, Raytheon Company, Merger & acquisition news,
  • Read more ...
Stock Information

Company Name: Raytheon Company
Stock Symbol: RTN
Market: NYSE

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