Avery Schumer
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Avery Schumer in Stocks for Real Men,

Argus Upgrades Raytheon, Lifts Northrop Estimates

The share price of Raytheon Company  has appreciated 10.99 percent over the past six months, while that of Northrop Grumman Corporation  has appreciated 16.86 percent over the same time frame.

Argus’ John Eade has upgraded the rating on Raytheon from Hold to Buy, with a price target of $135, while maintaining a Buy rating on Northrop Grumman but raising the price target from $195 to $205.

Both stocks have outperformed over the last quarter, with both companies reporting their Q3 results above the consensus expectations.