NYSE:RTXAerospace & Defense
RTX (RTX) Valuation Check After Jefferies Upgrade And New SPY-6 Defense Contract
RTX stock reacts to Jefferies upgrade and fresh defense contract momentum
RTX Corp (RTX) drew fresh attention after Jefferies raised its rating to Buy, highlighting profit margin trends, aerospace engine aftermarket opportunities, and the company’s growing book of defense work, including the recent US$515 million SPY-6 radar contract.
See our latest analysis for RTX.
Recent momentum has been mixed, with a 2.4% 30 day share price return and a decline of around 13.7% over 90 days. However, a...