RTX lifts 2024 profit forecast on strength in aviation sector

Go back to RTX lifts 2024 profit forecast on strength in aviation sector

RTX Corp. (RTX) PT Raised to $130 at JPMorgan

July 29, 2024 5:18 AM EDT

JPMorgan analyst Seth Selfman raised the price target on RTX Corp. (NYSE: RTX) to $130.00 (from $110.00) while maintaining a Overweight rating.

The analyst comments "RTX reacted well to its Q2 earnings, a report that we viewed as positive on balance for a few... More

RTX Corp. (RTX) PT Raised to $115 at RBC Capital

July 26, 2024 6:42 AM EDT

RBC Capital analyst Ken Herbert raised the price target on RTX Corp. (NYSE: RTX) to $115.00 (from $102.00) while maintaining a Sector Perform rating.

The analyst comments "RTX reported 2Q24 adj. EPS of $1.41, beating consensus of $1.30 by ~9%. Organic sales growth was ~10%, led by 19% growth in... More

RTX Corp. (RTX) PT Raised to $115 at Baird

July 26, 2024 6:27 AM EDT

Baird analyst Peter Arment raised the price target on RTX Corp. (NYSE: RTX) to $115.00 (from $105.00) while maintaining a Neutral rating.

The analyst comments "RTX reported a solid 2Q24 across all segments with GTF assumptions remaining unchanged and should continue to be... More

RTX Corp. (RTX) PT Raised to $117 at UBS

July 26, 2024 5:58 AM EDT

UBS analyst Gavin Parsons raised the price target on RTX Corp. (NYSE: RTX) to $117.00 (from $107.00) while maintaining a Neutral rating.

The analyst comments "2Q results were mixed. Organic growth beat with strength in a wide range of subsegments (aftermarket +14%, defense +7%), and RTX raised... More