Morgan Stanley Raises RTX Price Target To $240, Sees 12% Upside After Blowout Q2 Earnings
RTX Corporation (RTX) surged 7.3% on July 23 following its second-quarter 2026 earnings release, even as the S&P 500 declined 1.2% on the same day. That single-day outperformance marked one of the sharpest divergences for a company of RTX’s scale in recent memory, drawing immediate attention from Wall Street analysts. Morgan Stanley responded swiftly, raising…