RTX price target raised to $230 from $220 at RBC Capital

RBC Capital raised the firm’s price target on RTX (RTX) to $230 from $220 and keeps an Outperform rating on the shares after its “strong” Q4 earnings beat. Commercial sales drove the Q4 strength, but the outlook for defense sales will continue to be a focus for investors, the analyst tells investors in a research note. The GTF fleet management plan remains in-line with company expectations, and the firm believes the initial 2026 guidance supports positive sentiment, RBC added.