RTX Stock Has 30% Upside, According to 1 Wall Street Analyst
RTXRaytheon Technologies(RTX) The Motley Fool·2024-03-15 22:22

RTX's (RTX 0.62%) stock is down more than 5% over the last year amid operational difficulties in its commercial aerospace and defense businesses. That said, a Wells Fargo analyst recently upgraded RTX (formerly Raytheon Technologies) from "overweight" to "equal weight" and set a $120 price target on the stock. That suggests the stock price could jump 30% over the next 12 months or so. RTX's two challenges in 2023 First, RTX's Pratt & Whitney business discovered a potential contamination in the powder coatin ...