Bank of America downgrades RTX to 'underperform'
The "Halftime Report" traders debate the biggest analyst calls of the day
Will RTX Corp Stock Recover To Its Pre-Inflation Shock Highs Of $100?
Although RTX stock is trading at a valuation multiple lower than its historical average, the recall of Pratt & Whitney engines is going to cost billions to the company
RTX downgraded on near-term risks from Pratt & Whitney engine issues
Analysts at the Bank of America (BoA) have lowered their rating and price target for RTX, formerly known as Raytheon Technologies Corp (NYSE:RTX), stock on the significant near-term risks posed to ...
Explainer: RTX engine snag puts spotlight on aerospace quality issues
Aerospace giant RTX Corp on Monday told airlines hundreds of their Airbus jets would be grounded at any one time in coming years to check for a rare manufacturing flaw, souring the mood in an indus...
Why RTX Stock Continues to Fall
RTX shares have been falling since the company outlined the financial hit it expects to take due to a Pratt & Whitney engine defect. The company should survive the crisis, but it is too soon to kno...
RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching RTX (RTX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
RTX (RTX) Flat As Market Gains: What You Should Know
RTX (RTX) closed the most recent trading day at $75.56, making no change from the previous trading session.
Airlines, suppliers set to take a hit from RTX's jet engine issues
Airlines and aerospace suppliers are expected to take a hit after RTX Corp said on Monday 600-700 engines on Airbus A320neo jets need to be inspected for quality issues, which could ground hundreds...
Why RTX Stock Slumped Again Today
Aerospace giant RTX has announced it will take a $3 billion charge to earnings related to its engine manufacturing defect. The defect, originally estimated to affect as many as 1,200 engines, is no...
Pratt & Whitney engine recall batters global engineering stocks
Pratt & Whitney's recall of several hundred airplane engines continued to pummel stocks across the global engineering sector on Tuesday.
Airlines, suppliers warn of hit from RTX engine snag
Several airlines and aerospace suppliers warned of a hit from U.S. firm RTX's disclosure of a rare manufacturing flaw that could ground hundreds of Airbus jets in the coming years.
RTX To Take $3B Charge as It Recalls, Inspects More than 600 Pratt & Whitney Engines
RTX (RTX) shares tumbled close to 8% on Monday after the jet engine manufacturer said it would take a $3 billion charge this quarter because of a recall of jet engines made by its Pratt & Whitney u...
RTX May Have Momentarily Lost Its Wings - Reversal Remains Speculative
RTX Corporation has released another update on the Pratt & Whitney GTF fleet on September 11, 2023, way ahead of the upcoming FQ3'23 earnings call in October 2023. The management now expects to rec...
RTX Stock Alert: The $3 Billion Reason RTX Corporation Is Down Today
RTX Corporation (NYSE: RTX ) stock is taking a beating on Monday after revealing it will suffer a $3 billion charge due to a recall. According to RTX Corporation, it will suffer a $3 billion pre-ta...
RTX to take $3 billion charge on Pratt & Whitney engine problem
The issue is forcing inspections on hundreds of Pratt & Whitney GTF engines ahead of schedule.
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