Jefferies raised the firm’s price target on RTX (RTX) to $190 from $175 and keeps a Hold rating on the shares. The firm is lowering its 2026 adjusted EPS 2% to $6.60 from $6.75 to reflect de-risking of the pension program leading to lower pension income, as well as AI and digital investments within corporate expense, and a realization of minority interest payments related to GTF MRO work, offset by taxes.
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