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UBS has raised RTX Corp's price target to $142, citing strong demand and a 45.83% return over the past year. Despite some challenges, including ongoing issues with Pratt & Whitney engines, RTX is expected to generate significant cash flow, with projections of $10 billion by 2027. The company has secured a $529 million contract for a Patriot air defense system and is exploring the acquisition of Boeing's Jeppesen navigation unit.
Jason Gursky
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs raises rtx stock target amid strong demand and financial growth
08:13 29.01.2025
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