UPDATE: Credit Suisse Raises PT on Raytheon Company on Q1 Results
April 26, 2013 at 12:33 PM EDT
In a report published Friday, Credit Suisse analyst Robert Spingarn reiterated an Outperform rating on Raytheon Company (NYSE: RTN ), and slightly raised the price target from $62.00 to $63.00. In the report, Spingarn noted, “RTN's Q1 mirrored that of its peers, with a strong 16.5% EPS beat against consensus,