Analysts Offer Insights on Conglomerates Companies: Raytheon (NYSE: RTN) and Stericycle (NASDAQ: SRCL)

By Austin Angelo

There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Raytheon (NYSE: RTN) and Stericycle (NASDAQ: SRCL) with bullish sentiments.

Raytheon (NYSE: RTN)

In a report released yesterday, Sheila Kahyaoglu from Jefferies reiterated a Buy rating on Raytheon (NYSE: RTN), with a price target of $172. The company’s shares closed yesterday at $161.19, close to its 52-week high of $163.57.

According to TipRanks.com, Kahyaoglu is a 2-star analyst with an average return of 0.4% and a 48.1% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Transdigm Group Inc, and L-3 Communications.

Raytheon has an analyst consensus of Strong Buy, with a price target consensus of $174.50.

Stericycle (NASDAQ: SRCL)

Jefferies analyst Sean Dodge reiterated a Buy rating on Stericycle (NASDAQ: SRCL) yesterday and set a price target of $108. The company’s shares closed yesterday at $84.18.

According to TipRanks.com, Dodge is a 2-star analyst with an average return of 0.1% and a 55.0% success rate. Dodge covers the Technology sector, focusing on stocks such as Medidata Solutions, Quality Systems, and Evolent Health.

Stericycle has an analyst consensus of Hold, with a price target consensus of $90.25.

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