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Barchart
Barchart
Kritika Sarmah

RTX Corporation Stock: Is Wall Street Bullish or Bearish?

With a market cap of $233.5 billion, RTX Corporation (RTX) is a prominent aerospace and defense company serving commercial, military, and government customers. The Virginia-based company operates through its three operating segments: Collins Aerospace, Pratt & Whitney, and Raytheon.

Shares of the defense titan have significantly outperformed the broader market over the past 52 weeks. RTX stock has jumped 40.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 29.1%. However, RTX shares are down 4.2% on a YTD basis, compared to SPX’s 4.3% rise.

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