RTX rises after Jefferies hikes rating to 'buy'

Rtx

04/06/2026 11:37

** Shares of aerospace and defense firm RTX Corp RTX.N rise around 2.4% to $176.65 premarket
** Jefferies upgrades stock to "buy" from "hold", lifts PT to $220 from $210
** New PT implies a 27.5% upside from RTX's last close
** Brokerage says firm's sales growth and profitability expansion through 2028 will be driven by Collins efficiencies, Pratt and Whitney's margin recovery and Raytheon's sensor-led growth
** Adds that RTX is expected to deliver ~7% annual sales growth, 13% margin expansion by 2028
** 16 of 26 brokerages rate the stock "buy" or higher, eight "hold" and two "sell" or lower; their median PT is $215- data compiled by LSEG
* As of last close, stock had fallen 5.9% YTD

 (Reporting by Apratim Sarkar in Bengaluru)
 ((Apratim.Sarkar@thomsonreuters.com))