RTX (RTX) Upgraded to Buy: What Does It Mean for the Stock?
RTXRaytheon Technologies(RTX) ZACKS·2024-06-29 01:01

Investors might want to bet on RTX (RTX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changin ...