RTX Corporation (RTX) is a mega-cap company valued at $232.2 billion, providing aerospace and defense systems and services. Despite slipping from its 52-week high, RTX stock gained 8.5% in the past three months, outperforming the S&P 500. Shares rose 49.7% YTD and 43.6% over the past year. RTX’s growth is driven by defense sales and aerospace demand. In Q3, RTX exceeded Wall Street expectations with an adjusted EPS of $1.70 and revenue of $22.5 billion. Analysts are bullish, with a mean price target of $192.05, suggesting a potential upside of 10.9% from current levels.
Read more at Barchart: Is RTX Corporation Stock Outperforming the S&P 500?
