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.
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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