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Stock Market & Financial Investment News

News Breaks
January 8, 2013
07:11 EDTRTNRaytheon downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Raytheon citing valuation and keeps a $56 price target for shares.
News For RTN From The Last 14 Days
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May 20, 2013
08:31 EDTRTNRaytheon awarded contract by U.S. Air Force to build ATC systems
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May 13, 2013
11:29 EDTRTNPentagon contracts tumbled in April, Washington Post says
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May 10, 2013
07:53 EDTRTNRaytheon price target raised to $73 from $63 at Stifel
Stifel increased its price target on Raytheon after meeting with the company's management, as the firm is upbeat on the company's business trends. The firm is confident about Raytheon's ability to sustain its margins and generate growth from international deals, and it expects the stock's multiple to rise later this year. The firm keeps a Buy rating on the shares.
May 8, 2013
09:05 EDTRTNITT Exelis selected to provide anti-jam GPS antennas
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May 6, 2013
17:25 EDTRTNRaytheon unit awarded $28.3M government contract modification
Raytheon Missile Systems is being awarded a cost-plus-award-fee modification for $28.3M, increasing the total contract value to $689.1M from $660.77M. The work will be performed in Tucson, Ariz., with an expected completion date of Sept. 30, 2015.

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