RTX Stock Has 23% Upside, According to 1 Wall Street Analyst

A Wells Fargo analyst recently added RTX (RTX 0.35%) to a list of "tactical ideas" for the second quarter. The analyst maintained the company's price target of $120 and an overweight rating on the stock. That would imply a 22% upside on the stock over the next 12 months or so.GTF issueThe renewed enthusiasm for the stock is related to RTX's ongoing problem with its Pratt & Whitney geared turbofan (GTF) engines. As a reminder, Pratt & Whitney found a potential contamination issue in the powder coating used o ...