Recently, Zacks.com users have been paying close attention to RTX (RTX). This makes it worthwhile to examine what the stock has in store.
RTX (RTX) closed the most recent trading day at $174.72, moving +1.62% from the previous trading session.
RTX partners with AWS to boost satellite data processing and mission control, offering faster, more flexible and secure space capabilities.
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RTX (RTX) closed the most recent trading day at $171.31, moving +1.7% from the previous trading session.
Aerospace & defense stock RTX Corp (RTX) is posing an attractive entry point for options bulls right now. The shares have pulled back from their Oct. 28 record high of $181.34, last seen up 1.9% to trade at $171.59 today.
RTX is a core US defense sector holding, benefiting from robust demand, record backlog, and strong double-digit revenue and earnings growth. RTX's premium valuation is justified by sustained geopolitical tensions, multi-year defense spending increases, and dominant positioning in critical US and allied defense programs. I assign RTX a Buy rating with a $193 target, reflecting 13.2% upside, supported by conservative DCF assumptions and alignment with Wall Street consensus.
RTX's unit Pratt & Whitney wins a $1.61B deal to sustain F-35 propulsion systems through 2026, expanding its global defense footprint.
Recently, Zacks.com users have been paying close attention to RTX (RTX). This makes it worthwhile to examine what the stock has in store.
RTX (RTX) reported earnings 30 days ago. What's next for the stock?
RTX expands its MRO reach with new Emirates and Qatar Airways agreements, boosting long-term support and enhancing airline reliability.
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