Wells Fargo analyst Matthew Akers maintains $RTX Corp (RTX.US)$ with a buy rating, and adjusts the target price from $140 to $151.
According to TipRanks data, the analyst has a success rate of 72.1% and a total average return of 21.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $RTX Corp (RTX.US)$'s main analysts recently are as follows:
The commercial aerospace sector maintains a cautious stance regarding the pace of aerospace OEM build-up, mirroring the outlook expressed last December. Recent corporate discussions towards the end of Q4 continue to support this cautious perspective. In the defense sector, persistent funding concerns and risks may continue to cast a shadow, with the closing quarter offering limited insight. Nevertheless, there is a recognition that 2025 may present an opportunity for reassessment of long-term expectations, especially for companies like RTX. There's an anticipation that RTX could achieve an EPS of about $7 by 2026, which, alongside improved free cash flow post-recall concerns, may align closely with sector averages.
The revenue outlook for Defense and IT services seems evenly balanced, yet it lacks distinct positive catalysts, as noted in an outlook note for the Aerospace and Defense Electronics group. The favored sector within this group for the year ahead remains Commercial Aero, with a continued preference for names that are heavily invested in the aftermarket for 2025.
Note:
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