RTX's Q4 results are likely to gain from the robust sales performance delivered by two of its major business segments.
RTX (RTX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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RTX (RTX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
RTX, with its recent contract win, is set to provide Patriot air and missile defense systems to the Netherlands.
RTX (RTX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
RTX Corporation shows strong operational performance with impressive sales and profit growth and a record $221 billion backlog. Its robust defense market momentum is demonstrated by recent material new contract wins both domestically and internationally. RTX is shareholder-friendly with $10.3 billion in share repurchases over the past 4 reported quarters and 31 consecutive years of dividend growth.
RTX (RTX) concluded the recent trading session at $119.47, signifying a +1.47% move from its prior day's close.
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RTX's unit, Raytheon, secures a $333.3 million contract to support the SM-6 missile program.
A Wells Fargo analyst recently raised the company's price target for RTX (RTX 0.98%) stock to $151 from a previous target of $140 and maintained an "overweight" rating on the stock. As such, it represents a 31% premium to the current price, but is the new target warranted?