RTX Corp shares rise 2% after earnings beat and analyst upgrades

RTX Corporation’s stock climbed about 2% in mid‑day trading, reaching $222.37 per share on lower-than‑average volume. Analysts lifted price targets, with TD Cowen raising its target to $240, DBS moving to a moderate‑buy rating, Jefferies setting a $250 objective, Robert W. Baird to $240 and Argus to $245. The consensus rating is now a “moderate buy” with an average target of $228.59.

The company reported earnings of $1.89 per share, beating the consensus estimate of $1.66, and posted revenue of $24.71 billion, surpassing expectations of $22.89 billion and up 14.5% year‑over‑year. RTX set FY 2026 guidance for earnings per share between $7.10 and $7.25.