Citi analyst Jason Gursky initiated coverage of Lockheed Martin with a Buy rating and $546 price target. The analyst is positive on the growth outlook for Department of Defense spending through the remainder of the decade and the diversified nature of Lockheed’s capabilities across all domains.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on LMT:
- Lockheed Martin’s (NYSE:LMT) Giant Backlog Can Keep Growing. Here’s Why
- Lockheed Martin and Sintavia team to advance metal additive manufacturing
- Textron’s FLRAA win should be ‘positively received,’ says Morgan Stanley
- Textron Surges As it Bags U.S. Army Contract Worth $1.3 Billion
- Textron award estimated at $11 per share net present value, says Jefferies