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RTX and SiriusXM Hit 52-Week Highs on Analyst Upgrades
in5points
RTX shares rose for a fourth consecutive day following Wall Street upgrades.
Wells Fargo raised its price target on SiriusXM (SIRI) by over 66%.
The price target increase for SiriusXM was based on higher valuation of its spectrum assets.
RTX and SIRI both hit fresh 52-week highs.
Investor sentiment was boosted by the positive analyst actions on both stocks.
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Rajeev Chandrasekhar / Jupiter Capital interests historically