In the latest trading session, RTX (RTX) closed at $94.85, marking a -0.01% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.89%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.Shares of the an aerospace and defense company have appreciated by 4.26% over the course of the past month, outperforming the Aerospace sector's gain of 1.08% and the S&P 500's gain of 3.56%.The investment community will be closely monitoring the performance o ...

Soaring about 14% over the past three months, RTX (RTX -0.23%) stock has outperformed the S&P 500 which has risen about 9% during the same period. And Cai von Rumohr, an analyst at TD Cowen Financial, doesn't think the stock's climb is over. In fact, von Rumohr is optimistic about the stock's potential and recently raised his price target on the aerospace and defense conglomerate from $106 to $115. That implies a 22% upside over the next 12 months or so from its current price.But one analyst's improved outl ...

New cabin management and in-flight entertainment solution enhances cabin experience, provides incremental growth pathsDALLAS, March 19, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, unveiled its Venue™ smart monitor at the Aircraft Electronics Association Convention & Trade Show's new product introduction showcase in Dallas, Texas. Collins Aerospace’s Venue™ smart monitor enhances the business jet cabin experience, providing operators incremental growth paths and integration option ...

Test demonstrates commitment to supporting greater use of SAF EAST HARTFORD, Conn., March 18, 2024 /PRNewswire/ -- IAE International Aero Engines AG (IAE) announced it has successfully tested the V2500 engine with 100% sustainable aviation fuel (SAF) at MTU Maintenance Hannover, Germany. IAE is a multinational consortium comprised of Pratt & Whitney, an RTX (NYSE: RTX) business, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines AG. The V2500 engine curre ...

RTX's (RTX 0.62%) stock is down more than 5% over the last year amid operational difficulties in its commercial aerospace and defense businesses. That said, a Wells Fargo analyst recently upgraded RTX (formerly Raytheon Technologies) from "overweight" to "equal weight" and set a $120 price target on the stock. That suggests the stock price could jump 30% over the next 12 months or so.RTX's two challenges in 2023First, RTX's Pratt & Whitney business discovered a potential contamination in the powder coating ...

A Wall Street analyst believes aerospace and defense giant RTX (RTX 1.91%) is due for a rebound as the company addresses its engine issues. Investors are taking notice, sending RTX share up by as much as 2.7% on Thursday morning.Headwinds are fading2023 was a tough year for RTX, the aerospace and defense company formerly known as Raytheon Technologies. The company's Pratt & Whitney unit was hit by the discovery of a manufacturing issue with its workhorse PW1100G-JM turbofan engine. The problem, caused by im ...

Meridian® main cabin seats will fly on an Airbus narrow body platformTANAUAN CITY, Philippines, March 13, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, recently delivered the first seating shipment from its Tanauan City, Philippines facility to Airbus. The delivery of the Meridian® main cabin seat supports an airline customer's narrow body linefit program, providing passengers with ergonomic comfort, increased living space and ample in-seat storage. Collins Aerospace’s Tanauan City ...

With the ongoing conflicts in Ukraine, Sudan, Gaza, and Ethiopia, the world is facing the harsh reality that the era of peace might be at its end. As governments increase their military spending, companies in the defense sector witness increased demand and new growth prospects.This military stock in particular is poised to make the best of the current global tensions and potentially surge in price. Today, you will find out how RTX Corporation (NYSE: RTX) could yield profitable returns by leveraging its tech ...

RTX (RTX) closed the most recent trading day at $91.40, moving +0.57% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.11%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq decreased by 0.41%.The an aerospace and defense company's stock has climbed by 0.41% in the past month, falling short of the Aerospace sector's gain of 1.43% and the S&P 500's gain of 2.7%.The upcoming earnings release of RTX will be of great interes ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...