RTX Stock: Analysis of Potential 23% Upside in 2024 According to Wells Fargo Analyst
Tuesday, 2 April 2024, 14:46
GTF Issue
The enthusiasm for RTX stock is tied to the ongoing problem with GTF engines. Management expects to address the contamination issue by early 2024.
Defense Margins
The analyst suggests defense margins may improve, but challenges remain with margin pressure in the defense industry.
RTX investors should await clarity on GTF inspections and defense margin trends for informed investment decisions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.