12:55 PM EDT, 07/24/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $14 to $164, or 22.9x our 2026 EPS estimate, a premium to RTX's three-year average forward P/E of 19.2x and just above peers, which are trading at an average forward P/E of 22.0x. We decrease our 2025 EPS estimate by $0.22 to $5.95 and lower our 2026 EPS forecast by $0.12 to $7.15. While the company raised its full-year revenue guidance, the simultaneous cut to EPS guidance (now $5.80-5.95 from $6.00-6.15) reflects an increasingly challenged cost environment, with tariffs alone expected to impact profitability by $500 million in 2025. RTX's valuation appears full, currently at a forward P/E of 25.5x, a 16% premium to peers and at the peak of RTX's three-year valuation range (forward P/E between 13.4x and 25.5x). We see limited upside (relative to peers) unless earnings growth meaningfully accelerates. Although the defense backlog remains robust and long-term fundamentals are intact, near-term margin pressures and execution risks justify a more neutral stance, in our view.