Morgan Stanley Lifts RTX Target to $235 Citing Growth, Margins and Re-rating Potential
Morgan Stanley increased its price target on RTX Corp. to $235 from $215 and kept an Overweight rating, pointing to the company’s positioning for continued revenue expansion, margin improvement and potential re-rating by the market. The upgrade follows a robust fourth-quarter performance and a string of price-target adjustments by other brokers, al…