RTX price target raised to $147 from $139 at Susquehanna

Susquehanna raised the firm’s price target on RTX (RTX) to $147 from $139 and keeps a Positive rating on the shares. The firm updated its model following Q4 results including decreasing its earnings estimates while believing they will have another strong year of operating performance driven by an improving Commercial OEM environment, strength in the Commercial aftermarket, and a global Defense portfolio that is in high demand in the current environment.