The Home Depot, RTX, Applied Materials, Kewaunee Scientific and AXIL Brands are included in this Analyst Blog.
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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?
Defense stocks have been in a downdraft heading into the new year. President Trump's intent to de-escalate geopolitical conflicts and end the war in Ukraine with funding cuts is causing concern throughout the aerospace sector.
As anticipated, Nvidia Monday kicked off its CES 2025 keynote by unveiling the new RTX Blackwell family of GPUs. The centerpiece of the line is the RTX 5090.