BUZZ - Market Watch: Missiles, profit margins and growth momentum put RTX in a prime position
路透社2026/10/21 13:11October 21 - ** RTX Corporation RTX.N on Tuesday raised its full-year profit and revenue forecasts (link), driven by continued growth in demand for commercial aviation services and military projects, bringing its order backlog to a record $340 billion and boosting third-quarter results
According to data from London Stock Exchange Group (LSEG), the median target price from 26 brokers covering the stock is $232.5
Moving into a new trajectory
** Morgan Stanley (rating: “Overweight”, target price: $240) stated: “Strong third-quarter 2026 results and another upward revision to guidance further solidify the favorable outlook for 2027 and beyond.”
** Morgan Stanley added that new contracts secured by Raytheon, its defense business unit, are increasingly supporting the company's growth and margin improvement, while Pratt & Whitney and Collins Aerospace continue to show performance improvement
** Citigroup (rating: “Buy”, target price: $240) pointed out that RTX holds favorable positions in both aerospace and defense, thanks to strong performance across its markets, as well as potential upside from Collins Aerospace and Raytheon
** RBC Capital Markets (“Outperform”, target price: $235) stated, “There remain opportunities for margin improvement and free cash flow growth before 2027, and with the implementation of framework agreements, RTX could see even more notable results in 2028.”
** Barclays (rating: “Overweight”, target price: $235) noted that the Collins and Pratt businesses under RTX are expected to drive continued mid-term growth and margin expansion, while Raytheon's missile business positioning should help it outperform its defense industry peers
(For the convenience of non-English speakers, Reuters has automated the translation of its reports into several other languages. Since automated translation may have errors or lack the necessary context, Reuters does not guarantee the accuracy of the automated translation, which is provided solely for the convenience of readers. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation.)
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