RTX Stock Flies Past Targets: Why I'm Raising My Price Target

Core Insights - RTX Corporation has significantly outperformed the market since the 2024 Buy rating, with a stock surge of 18.4%, compared to the S&P 500's 2.7% gain [2]. Company Performance - The stock of RTX Corporation delivered a robust 19.9% return, indicating strong investor confidence and market performance [2]. Industry Context - The aerospace and defense industry is characterized by significant growth prospects, with the investing group focused on identifying investment opportunities within this sector [2].