RTX Soars 3.34% on Jefferies Price Target Hike

雷神技术(RTX)涨3.34%。，The share price surged to a record high today,with an intraday gain of 3.57%.

The strategy of buying RTX shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -1.2%, significantly underperforming the market. This indicates that relying solely on recent price movements to make investment decisions can lead to subpar performance. It's important for investors to consider a more comprehensive analysis, including fundamental factors and market conditions, when making investment choices.

On June 13, 2025, RTX shares surged in pre-market trading, driven by Jefferies raising its price target for RTX to $155 from $130. This increase in price target was attributed to 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 rise in RTX's stock price, as investors anticipate stronger earnings and increased profitability.

RTX has shown strong recent momentum with gains in the last 5 days and the last month, indicating a positive trend in the stock's performance. These factors reflect bullish sentiment and positive expectations among investors, leading to an increase in RTX's stock price.