Citigroup maintains Buy rating on RTX with PT raised to $182.

Monday, Jul 14, 2025 1:46 pm ET1min read

Citigroup maintains Buy rating on RTX with PT raised to $182.

Citigroup analyst Jason Gursky has raised the price target for RTX (RTX) to $182 from $148, while maintaining a Buy rating on the shares. This move follows the firm's positive outlook on the aerospace and defense sector, which continues to show strong momentum [1].

Gursky's updated target reflects the analyst's optimism about RTX's performance, particularly in light of the company's recent earnings results. The stock has seen a steady increase in price, reaching $146.80 at the start of trading on Monday. This upward trend is supported by a robust financial profile, including a quick ratio of 0.75, a current ratio of 1.01, and a debt-to-equity ratio of 0.60 [2].

The analyst's upgrade comes amidst a broader positive sentiment among Wall Street analysts. According to MarketBeat, RTX currently has an average rating of "Moderate Buy" with a consensus target price of $161.12. This positive sentiment is further bolstered by recent insider transactions, where institutional investors have shown increased interest in the stock. For instance, Leo Wealth LLC lessened its position in RTX by 31.9% in the first quarter, while other institutional investors have acquired new positions in the company's shares [2].

Additionally, RTX has recently announced a quarterly dividend, which will be paid on September 4th. The dividend represents a $2.72 annual payout per share and a yield of 1.85%, reflecting the company's commitment to shareholder returns [2].

Overall, the upgrade by Citigroup and the positive sentiment from analysts suggest that RTX remains an attractive investment opportunity. The company's strong financial performance and positive industry outlook provide a solid foundation for continued growth.

References:
[1] https://www.tipranks.com/news/the-fly/rtx-price-target-raised-to-182-from-148-at-citi-thefly
[2] https://www.marketbeat.com/instant-alerts/filing-rtx-corporation-nysertx-shares-sold-by-leo-wealth-llc-2025-07-14/

Citigroup maintains Buy rating on RTX with PT raised to $182.

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