Argus analyst Kristina Ruggeritells investors in a research note that Northrop Grumman (NOC) is uniquely positioned in the industry with strengths in both hardware and software which has provided competitive differentiation for the company and enabled it to be a leader in aircraft autonomy, satellites and weapon systems. The firm, which has a Buy rating on the shares and lowered its price target to $525 from $560, says the recent drop in the stock price offers a buying opportunity.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOC:
- Largest borrow rate increases among liquid names
- Northrop Grumman Sets 2025 Executive Compensation Goals
- Defense Secretary tells Pentagon to plan for 8% in budget cuts, WaPo reports
- Defense Stocks Rally as Trump Signals Europe Could Buy U.S. Weapons for Ukraine amid Peace Talks
- Trump Trade: Reciprocal tariffs could hit Brazilian ethanol