RTX Shares Soar 5.92% on Jefferies Price Target Hike
Before the BellFriday, Jun 13, 2025 4:17 am ET
1min readOn June 13, 2025,
shares surged by 5.92% in pre-market trading, reflecting a strong bullish sentiment among investors.Jefferies has raised its price target for RTX to $155 from $130, citing expected margin growth in the Pratt & Whitney division and potential improvements in the company's financial performance. This positive outlook has contributed to the recent surge in RTX's stock price, as investors anticipate stronger earnings and increased profitability.
KraneShares has launched a new ETF focused on humanoid robotics, which includes investments in key areas such as mechanical systems, robot assembly, sensors, and semiconductors. This development highlights the growing interest in AI and robotics, which could benefit companies like RTX that are involved in these technologies.
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