Bank of America Securities analyst Ronald Epstein has maintained their bullish stance on RTX stock, giving a Buy rating yesterday.
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Ronald Epstein has given his Buy rating due to a combination of factors, starting with RTX’s strong first‑quarter results that exceeded both his and consensus expectations on earnings and revenue, reflecting 21% year‑over‑year EPS growth and nearly 9% sales expansion. He expects investors to respond positively to this broad‑based outperformance, which demonstrates resilience and momentum across the company’s portfolio.
He also highlights solid execution within each major segment, with Pratt & Whitney, Collins Aerospace, and Raytheon all delivering revenue growth and margin improvement, particularly supported by robust aftermarket and defense demand. In addition, management’s upgraded outlook for the Raytheon business, driven by accelerating demand for key missile and counter‑UAS programs, underpins his conviction that RTX can sustain earnings growth and supports his price objective above the current share price.
In another report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $225.00 price target.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RTX in relation to earlier this year.