Citigroup has maintained its ‘Buy’ rating for RTX and increased its price target to $238.00 per share. This follows RTX CEO Christopher Calio’s affirmation of the company’s commitment to its dividend, citing its ability to manage payments despite current and future program backlogs.
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Key facts: Citigroup ups RTX price target to $238; CEO affirms dividend
Citigroup has maintained its ‘Buy’ rating for RTX and increased its price target to $238.00 per share. This follows RTX CEO Christopher Calio’s affirmation of the company’s commitment to its dividend, citing its ability to manage payments despite current and future program backlogs.