Wolfe Research Reaffirms RTX Corp’s (RTX) Outperformance in Pentagon Missile Manufacturing Framework Agreement
RTX Corporation (NYSE:RTX) is among Billionaire David Tepper’s 10 Favorite Stocks. On February 4, Wolfe Research reaffirmed its Outperform rating and $235 price target for RTX Corporation (NYSE:RTX) after the company reached a framework agreement to increase missile manufacturing in pursuit of the Pentagon’s goal of improving defense industry capabilities. The SM-3IB missile program, which…