RTX Corporation (NYSE:RTX) is recommended as one of the best long-term low volatility stocks to buy now, with Morgan Stanley raising its price target to $165 on July 17. The Aerospace sector is experiencing multiple expansion, signaling resilience, with favorable industry dynamics and ongoing improvements in the Aero supply chain.
Morgan Stanley’s Q2 preview for the sector highlights air traffic demand, Boeing output momentum, and a positive outlook on aerospace stocks. RTX Corporation (NYSE:RTX) is an aerospace and defense company serving military, commercial, and government customers through Collins Aerospace Systems, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missiles and Defense segments.
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Read more at Yahoo Finance: Morgan Stanley Raises PT on RTX Corporation (RTX) to $165 from $135, Keeps Overweight Rating