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RTX Corp. has seen a significant revenue surge, particularly in its military sector, prompting UBS to raise its price target to $133 while maintaining a Neutral rating. Despite a downward adjustment in revenue outlook due to the Boeing strike, the company reported robust third-quarter results, with an 8% organic sales growth and a record backlog of $221 billion. Analysts highlight RTX's strong financial health, with a market cap of $166.71 billion and a commitment to shareholder returns through 54 consecutive years of dividend payments.
15:13 23.10.2024
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