RTX stock rated Buy with target raised to $230-$232, driven by strong sales and margin growth.

RTX Corporation remains a Buy with an increased base-case price target of $230-$232, suggesting a 16%-17% upside, and a potential $259 target in a stronger market. The company's 11% sales growth and margin expansion have supported higher guidance, aided by tariff refunds that boosted earnings and cash flow. Key growth drivers include Raytheon's contract awards, Collins' margin improvements, and Pratt's expanding GTF aftermarket. Investors are advised to watch for the January 2027 defense funding outlook and production ramp factors that could impact future performance.

As of Nov 15, 2026 20:11 WIB, RTX trades at USD 198.58 on Pluang, below its 52-week high of USD 225.49 but above the 52-week low of USD 168.02. The stock shows a modest 1-day gain of 0.11% with a dividend yield of 1.47%, reflecting steady investor interest as 98% of Pluang orders are buys. This positions RTX as a strong contender in the Industrials sector despite trading below its peak this year.