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RTX (NYSE:RTX) Trading Up 2% - Time to Buy?
RTX (NYSE:RTX) saw its stock rise 2% on Thursday after reporting strong Q1 earnings, beating analyst expectations, and increasing its quarterly dividend by 7.4%. The company also secured significant defense contracts with the U.S. Space Force and Navy, contributing to positive market sentiment despite some analyst concerns about its valuation. Analysts currently hold a “Moderate Buy” consensus for RTX with an average target price of $206.59.