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Is RTX Corporation Stock Going to $119? 1 Wall Street Analyst Thinks So.
RTXRaytheon Technologies(RTX) The Motley Fool·2024-05-01 11:37

Sure, RTX stock has potential -- but its shares already look expensive.RTX Corporation (RTX -0.90%) reported terrific earnings last week, beating analyst targets on both the top and bottom lines Tuesday. Granted, its guidance for the rest of this year was a bit underwhelming, with forecast ranges for both sales and earnings falling short of the Wall Street consensus. Investment bank Susquehanna didn't let that scare it off from recommending the shares, however.On Wednesday, Susquehanna analyst Christopher R ...