B of A Securities Raises RTX Buy Price to $175 from $150

B of A Securities Raises RTX Buy Price to $175 from $150

BofA Securities has raised its price target on RTX Corp. (NYSE:RTX) to $175.00 from $150.00, maintaining a Buy rating on the stock. The current trading price is $149.17, with a market capitalization of $199.28 billion. The stock has delivered a 30.22% return year-to-date [1].

The price target increase follows RTX’s second-quarter earnings report, which saw the company’s shares decline approximately 1.6% while the S&P 500 remained flat. BofA Securities analyst Ronald Epstein noted that investors were positively surprised by RTX’s Defense segment performance, which showed sales growth of 7.5% year-over-year and adjusted margins of 11.5%, representing an 80 basis point improvement from the previous year. However, investors were less enthusiastic about the outlook for the company’s Pratt & Whitney and Collins divisions [1].

Investors may find these results significant as they reflect the company’s current financial health. The earnings and revenue figures are crucial for stakeholders assessing RTX’s market position. Analysts had anticipated different figures, and the actual results provide new insights into the company’s trajectory.

In other recent news, RTX Corp reported stronger-than-expected earnings for the second quarter of 2025. The company posted an adjusted earnings per share (EPS) of $1.56, surpassing analyst forecasts of $1.44. Revenue also exceeded expectations, coming in at $21.6 billion against a projected $20.68 billion. Despite these positive financial results, RTX’s stock experienced a decline in pre-market trading. These developments are part of the latest updates concerning the company’s performance [1].

References:
[1] https://www.investing.com/news/analyst-ratings/rtx-stock-price-target-raised-to-175-from-150-at-bofa-securities-93CH-4147682
[2] https://finance.yahoo.com/news/arm-rises-3-wells-fargo-204756225.html