🟢 RTX Corporation is trading 4.1% up today after Jefferies upgrades stock to Buy

RTX Corporation is trading 4.1% higher at $179.63 after a significant analyst upgrade and continued investor interest in the defense sector.

• Jefferies upgraded the aerospace and defense company to Buy from Hold and set a new price target of $220.
• The upgrade reflects an optimistic outlook on the company's earnings power, citing improving profit margins, opportunities for defense growth, and strong cash generation.
• The move also comes amid a broader theme of increased defense spending expectations due to geopolitical tensions and the need to replenish missile inventories.