RTX's Raytheon business awarded $154 million to deliver Commander's Independent Viewer units to the U.S. Army

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RTX (RTX) 'event risk remains high as long as the stock remains low' - Gimme Credit

January 26, 2024 1:26 PM EST

Corporate bond research firm Gimme Credit reiterated an Underperform rating on RTX's (NYSE: RTX) 2034 notes at T+02 in a note this week following the company's latest quarterly earnings report.

Gimme Credit analyst Carol Levenson acknowledged that RTX reported mostly good fourth-quarter and... More

Bank of America upgrades RTX Corp (RTX) to reflect better service execution

January 25, 2024 10:31 AM EST

Bank of America upgraded RTX Corp. (NYSE: RTX) to a Neutral rating (From Underperform) and raised their 12-month price target on the defense company to $100.00 (From $78.00) to reflect a better than expected execution in servicing contaminated powder-metal discs in Geared Turbo Fan (GTF) aircraft engines.

While Raytheon defense will likely continue to be pressured,... More