Neutral Ratings Issued on RTX and Carrier Global by Analysts
Analysts from Bernstein and UBS have weighed in on industrial goods companies RTX (RTX) and Carrier Global (CARR), both receiving neutral ratings. Douglas Harned, a 4-star analyst at Bernstein, maintained a Hold rating on RTX with a price target of $232.00.
According to TipRanks.com, Harned has an average return of 12.6% and a 58.2% success rate, covering stocks such as L3Harris Technologies, Rolls-Royce Holdings, and Huntington Ingalls.
The word on the street for RTX suggests a Strong Buy analyst consensus rating with a $234.47 average price target, representing an 8.9% upside from current levels.
In contrast, Carrier Global received a Hold rating from Varun Govindaraj of Bernstein, with a price target of $78.00.
Govindaraj has a 1-star analyst ranking and an average return of -3.0%, covering stocks such as Honeywell International, Rockwell Automation, and Trane Technologies.