** Aerospace and defense major RTX's RTX.N Q4 profit and revenue beat estimates on Tuesday, as demand for its aircraft parts and repair services benefited from airlines flying older, maintenance-intensive planes to cope with a jet shortage

** Median PT of 24 brokerages covering stock is $135.50 - LSEG data

CLEARING THE RUNWAY

** RBC ("outperform," PT: $150) sees limited supply of engine parts driving up prices for co's Pratt and Whitney unit, which produces engines for Airbus' A320neo jets; also expects demand for new engines to boost prices of the unit's Geared Turbofan (GTF) engine

** "We believe the company will continue to see upside as the fleet dynamics support further aftermarket spending on legacy engines," says RBC

** J.P.Morgan ("overweight," PT: $150) says original equipment (OE) growth will be limited to mid-single digits due to Boeing BA.N strike, but organic growth recovery will boost leverage and expand margins

** Morgan Stanley ("equal-weight," PT: $135) expects steady growth in the commercial OE segment through 2025, despite Collins Aerospace, a subsidiary of RTX, experiencing a temporary revenue decline due to lower 737 MAX production

** BofA Global Research ("buy," PO: $145) sees RTX benefiting from strong demand in both commercial aerospace and defense, driving continued growth

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))