RTX's Strong Backlog And Pricing Power Offset Defense Risks, Analysts Forecast Big 2025 Upside

RTX Corporation RTX shares are trading lower on Wednesday.Yesterday, the company reported fourth quarter results. Net sales increased 9% year-over-year to $21.623 billion, beating the consensus of$20.535 billion. Adjusted EPS grew 19% Y/Y to $1.54, above the consensus of$1.38.Here are the analysts’ takes on the stock:BofA Securities reiterated the Buy rating on the stock, with a price forecast of 145.RBC Capital Markets analyst Ken Herbert reiterated the Outperform rating on the stock, raising the price f ...