Susquehanna raised the firm’s price target on Lockheed Martin to $565 from $540 and keeps a Positive rating on the shares. The firm noted they posted better than expected 2Q24 results and raised the 2024 guidance for revenue, segment operating profit, and EPS.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMT:
- Why Lockheed Martin (NYSE:LMT) Could Win Under a Trump Administration
- LMT Earnings: Lockheed Martin Gains On Raised FY24 Forecast
- Lockheed Martin reports Q2 cash from operations of $1.9B; free cash flow $1.5B
- Lockheed Martin backs FY24 cash from operations view $7.75B-$8.05B
- Lockheed Martin raises FY24 EPS view to $26.10-$26.60 from $25.65-$26.35