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ALSO READ: 6 Oil and Gas Stocks Analysts Want You to Buy Now. United States Steel Corp. (NYSE: X) saw its price target raised to $15 from $7 in the Barclays call. Merrill Lynch raised its price objective to $9 from $1 to reflect a sharp EBITDA recovery from higher selling prices and as valuations remain at a trough.
Raytheon (RTN) Stock Price Target Raised at Jefferies. NEW YORK (TheStreet) -- Raytheon (RTN) price target was raised to $120 from $117 at Jefferies while reiterating its buy rating. The firm also lowered 2015 earnings estimates to $6.60 from $6.85 per share, with 2016 earnings estimates cut to $7.00 from $7.15 per share.