๐คฏ RTX is Soaring โ But Can It Last? ๐
RTX, the aerospace and defense powerhouse formed from Raytheon and United Technologies, is hitting record highs! Driven by massive defense contracts โ think Iron Dome โ and a huge backlog in aerospace demand, the stock has seen incredible gains over the past year.
Wall Street analysts see continued upside, with an average 12-month price target of ~$195. However, watch out for potential headwinds: a possible U.S. executive order impacting buybacks, rising tariffs, and ongoing manufacturing challenges. โ๏ธ
This isnโt just about jets and missiles; itโs a play on global demand for security and air travel. Keep a close eye on $RTX.#RTX #Aerospace #Defense #MarketUpdate ๐


RTX
Alpha
2.30491
-5.70%