UPDATE: Bank of America Upgrades Raytheon to Neutral on Unique Market Position
July 26, 2013 at 09:19 AM EDT
In a report published Friday, Bank of America analyst Ronald J. Epstein upgraded the rating on Raytheon Company (NYSE: RTN ) from Underperform to Neutral, and raised the price target from $52.00 to $79.00. In the report, Bank of America noted, “We view RTN as the most diverse of the