RTX (RTX) updates 2023 and 2025 outlook; Updates 2023 sales outlook

Go back to RTX (RTX) updates 2023 and 2025 outlook; Updates 2023 sales outlook

Morgan Stanley on RTX Corp. (RTX): 'we continue to see potential downside risks'

September 11, 2023 1:08 PM EDT

Morgan Stanley analyst Kristine Liwag reiterated an Equalweight rating and $95.00 price target on RTX Corp. (NYSE: RTX)

The analyst comments "What's new today is that RTX identified an incremental pre-tax operating profit charge in the third quarter of 2023 of approximately $3 billion... More

Citi on RTX's (RTX) Shocking GTF Engine Update: 'there is still more discovery ahead'

September 11, 2023 11:44 AM EDT

Citi analyst Jason Gursky reiterated a Neutral rating and $95.00 price target on RTX Corp. (NYSE: RTX)

The analyst comments "RTX provided an update on the GTF engine that was worse than feared, with a $3.0B to $3.5B profit charge to both fix the... More

RTX slips after cutting full-year forecast due to engine quality issue

September 11, 2023 9:21 AM EDT

RTX Corp (NYSE: RTX) has downgraded its sales guidance for the full year, falling short of the average analyst estimate.

Full-year revenue is now seen in the range of $67.5 billion to $68.5 billion, down from the previous guidance of $73.0 billion to $74.0 billion. Analysts... More