RTX Reports Q2 2024 Results

RTX Corp. (RTX) PT Raised to $130 at JPMorgan

JPMorgan analyst Seth Selfman raised the price target on RTX Corp. (NYSE: RTX) to $130.00 (from $110.00) while maintaining a Overweight rating.

The analyst comments "RTX reacted well to its Q2 earnings, a report that we viewed as positive on balance for a few... More

RTX Corp. (RTX) PT Raised to $115 at RBC Capital

RBC Capital analyst Ken Herbert raised the price target on RTX Corp. (NYSE: RTX) to $115.00 (from $102.00) while maintaining a Sector Perform rating.

The analyst comments "RTX reported 2Q24 adj. EPS of $1.41, beating consensus of $1.30 by ~9%. Organic sales growth was ~10%, led by 19% growth in... More

RTX Corp. (RTX) PT Raised to $115 at Baird

Baird analyst Peter Arment raised the price target on RTX Corp. (NYSE: RTX) to $115.00 (from $105.00) while maintaining a Neutral rating.

The analyst comments "RTX reported a solid 2Q24 across all segments with GTF assumptions remaining unchanged and should continue to be... More

RTX Corp. (RTX) PT Raised to $117 at UBS

UBS analyst Gavin Parsons raised the price target on RTX Corp. (NYSE: RTX) to $117.00 (from $107.00) while maintaining a Neutral rating.

The analyst comments "2Q results were mixed. Organic growth beat with strength in a wide range of subsegments (aftermarket +14%, defense +7%), and RTX raised... More

Raytheon Technologies (RTX) Tops Q2 EPS by 12c, Tops on Revenue; Offers FY24 Guidance

Raytheon Technologies (NYSE: RTX) reported Q2 EPS of $1.41, $0.12 better than the analyst estimate of $1.29. Revenue for the quarter came in at $19.8 billion versus the consensus estimate of $19.28 billion.

GUIDANCE:

Raytheon Technologies sees FY2024 EPS of $5.35-$5.45, versus the consensus of $4.95.... More