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RTN - My $240 Price Target

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With price nearing ATH, Raytheon's merger with UTX should drive the stock higher this year. Although my price target is only 10% above the current price, I will hold as long as the yellow ascending trend line holds. RTN has a very stable dividend of 1.68% and still has growth prospects which makes this stock a double-whammy win.

If you have questions please feel free to PM me or use the comment section below! Like and follow for more ideas, and updates to older ones!
Nota
*the price is 10% above my entry price and only 5.5% above the current price :)
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