Stifel Initiates BlackRock MuniYield Quality Fund at Buy

RTX Corp.'s Raytheon unit was chosen to upgrade U.S. Space Force radars, enhancing missile launch detection and space object monitoring. The project aims to boost performance and reliability. According to the company, this selection underscores the military's focus on advancing its radar capabilities.

RBC Capital reduced its price target for State Street (STT) to $175 from $196, citing valuation. STT trades at $165.06, down 5% in a week but up 46% in a year. Q3 2026 earnings beat estimates at $3.69 EPS, though revenue missed at $4B. Analysts have mixed views on STT's outlook.

RBC Capital reduced its price target for General Dynamics (NYSE:GD) to $360 from $410, citing a softer Gulfstream delivery outlook. The firm lowered its Q3 2026 delivery estimate to 38 from 41 and full-year 2026 to 160 from 162. General Dynamics recently secured multiple military contracts worth over $248.9 million. The stock trades at $337.21, below its fair value estimate, suggesting potential undervaluation.

TD Cowen reaffirmed a Buy rating on Rocket Lab with a $90 price target, suggesting a 52.1% upside from the Oct 14 close of $59.18. The analyst cited Rocket Lab's strong market position and long-term growth potential, despite delays in the Neutron launch.

Leidos (LDOS) won a $56M contract from the Naval Health Research Center for behavioral health research over 66 months. The company will analyze data and develop strategies to enhance military personnel readiness. Leidos reported $17.2B in annual revenue for FY2026.

HawkEye 360 (HAWK) announced $36M in new international contracts in Q3 2026, spanning over 10 allied nations. The awards align with the company's expectations and highlight demand for its signals intelligence services. Shares traded at $12.39, up 0.08%.