RTX price target raised to $215 from $175 at BofA

BofA analyst Ronald Epstein raised the firm’s price target on RTX (RTX) to $215 from $175 and keeps a Buy rating on the shares. Despite headwinds, momentum is building across Collins Aerospace, Pratt & Whitney and Raytheon, says the analyst, who argues that RTX is “finally in a position to reap the rewards initially expected from the merger of UTX and RTN.”