TD Cowen Upgrades RTX Corporation to Buy and Raises Price Target

Reported about 18 hours ago

On May 24, analysts at TD Cowen reaffirmed their Buy rating on RTX Corporation (NYSE:RTX) and raised the price target from $142 to $155. They highlighted RTX's appealing valuation and growth potential in its RTN and P&W divisions. Although projected tariff pressures may impact earnings, recent tariff cuts could mitigate some headwinds. Analysts suggest alternatives for higher returns in the AI sector.

Source: YAHOO

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