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Morgan Stanley Believes Northrop (NOC) Still Has Room to Grow

Morgan Stanley analyst Kristine Liwag maintained a Buy rating on Northrop (NOCResearch Report) today and set a price target of $530.00. The company’s shares closed last Tuesday at $473.40, close to its 52-week high of $492.30.

According to TipRanks.com, Liwag is a 1-star analyst with an average return of -4.3% and a 43.3% success rate. Liwag covers the Technology sector, focusing on stocks such as Spirit AeroSystems, Lockheed Martin, and Rocket Lab USA.

Northrop has an analyst consensus of Moderate Buy, with a price target consensus of $497.30.

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The company has a one-year high of $492.30 and a one-year low of $344.89. Currently, Northrop has an average volume of 803.7K.

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Virginia-based Northrop Grumman Corp. is a global aerospace and defense technology company. It operates through the following business segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.

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