RTX price target raised, named Top Pick in Aerospace at Morgan Stanley

Morgan Stanley raised the firm’s price target on RTX (RTX) to $235 from $215 and keeps an Overweight rating on the shares, which were also reinstated as the analyst’s Top Pick in Aerospace. RTX is well-positioned to deliver sustained growth and margin expansion as demand remains strong across its end markets, says the analyst, who adds that capital allocation remains “shareholder-friendly.” Yesterday’s “clean” Q4 results and the 2026 outlook support the firm’s positive view, the analyst added.