Citi analyst adds RTX to a near-term catalyst list, citing possible upside as Q2 earnings approach.
RTX has been placed on Citi’s 30-Day Catalyst Watch, signaling potential near-term gains as the company prepares to report second-quarter earnings. The move reflects expectations of a rebound in the aerospace and defense sector.
Analyst John Godyn highlighted the stock as a candidate for upside, though no specific price target or earnings forecast was provided. RTX’s inclusion follows broader market focus on defense and aerospace stocks ahead of earnings season.
The stock has faced volatility in recent months, with investors weighing macroeconomic pressures against sector-specific growth prospects.