Express News | Jet Engine Maker Cfm Agrees to Re-Allocate Some Engines From Aftermarket to Airbus , Sources Say
BofA Securities Maintains RTX Corp(RTX.US) With Buy Rating, Maintains Target Price $145
Will defense stocks in the U.S. soar against the trend? Bernstein: Trump's return to the White House may provide a boost.
① Analysts from Wall Street investment bank Bernstein claim that Trump's return to the White House could lead to a counter-trend rise in usa defense stocks; ② Analyst Douglas Harned believes that Trump's statements on nuclear deterrence, missile defense, and enhancing space capabilities will be bullish for defense contractors; ③ Although the new government departments may cut spending, Harned believes this is still uncertain, and increased export demand is a positive factor.
Trump is about to return to the White House, and Bernstein is bullish on U.S. defense stocks against the trend.
Investors have reason to be optimistic about the stocks of usa defense contractors.
Investors Can Be Optimistic About Defense Stocks Under Trump: Bernstein
Market Participants Recognise RTX Corporation's (NYSE:RTX) Earnings