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Robert W. Baird upgrades RTX Corp (RTX) rating to an Outperform

RTX Corp’s recently made public that its EVP, Chief Financial Officer Mitchill Neil G. JR unloaded Company’s shares for reported $2.1 million on Feb 27 ’25. In the deal valued at $130.35 per share,16,118 shares were sold. As a result of this transaction, Mitchill Neil G. JR now holds 59,556 shares worth roughly $7.88 million.

Then, Calio Christopher T. sold 27,379 shares, generating $3,569,135 in total proceeds. Upon selling the shares at $130.36, the President and CEO now owns 81,508 shares.

Before that, Maharajh Ramsaran sold 19,431 shares. RTX Corp shares valued at $2,464,253 were divested by the EVP and General Counsel at a price of $126.82 per share. As a result of the transaction, Maharajh Ramsaran now holds 29,742 shares, worth roughly $3.94 million.

Robert W. Baird upgraded its RTX Corp [RTX] rating to an Outperform from a a Neutral in a research note published on March 19, 2025; the price target was increased to $160 from $136. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late February from “a Neutral” to “a Buy”. Argus also remained covering RTX and has increased its forecast on February 11, 2025 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on January 21, 2025. It rated RTX as “a Buy” which previously was an “a Neutral”.

Price Performance Review of RTX

On Friday, RTX Corp [NYSE:RTX] saw its stock fall -1.56% to $132.37. Over the last five days, the stock has gained 1.83%. RTX Corp shares have risen nearly 14.39% since the year began. Nevertheless, the stocks have risen 39.54% over the past one year. While a 52-week high of $135.74 was reached on 03/19/25, a 52-week low of $94.08 was recorded on 01/06/25. SMA at 50 days reached $126.89, while 200 days put it at $118.62.

Levels Of Support And Resistance For RTX Stock

The 24-hour chart illustrates a support level at 131.21, which if violated will result in even more drops to 130.06. On the upside, there is a resistance level at 134.01. A further resistance level may holdings at 135.66. The Relative Strength Index (RSI) on the 14-day chart is 58.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.46%. Stochastics %K at 82.75% indicates the stock is a selling.

How much short interest is there in RTX Corp?

A steep rise in short interest was recorded in RTX Corp stocks on 2025-02-28, growing by 0.26 million shares to a total of 11.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 11.2 million shares. There was a rise of 2.29%, which implies that there is a positive sentiment for the stock.

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