BofA lifts RTX PT on growth momentum across segments
BofA Global Research raises aerospace firm RTX Corp's RTX.N price target to $215 from $175; maintains "buy" rating
Revised PT represents 20.3% upside to stock's last close
Brokerage says company will benefit from backlog of $72 billion in Raytheon segment, which makes defense equipment
Notes strong recovery in Pratt & Whitney engine segment and rising deliveries in Collins Aerospace segment
Says RTX is now positioned to reap the benefits initially expected from the 2019 UTX-RTN merger
"There's still more to win from Golden Dome, missile demand, and international demand" - BofA
Sees less risk from a U.S. government shutdown, citing strong contract awards in September
Thirteen of 22 brokerages rate the stock "buy" or higher and nine "hold"; RTX's median PT is $195 - data compiled by LSEG
Including session moves, shares up 53.6% YTD
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