Susquehanna lowered the firm’s price target on Lockheed Martin (LMT) to $550 from $590 and keeps a Positive rating on the shares. The firm updated its model following solid Q4 results. Susquehanna said given the strong demand environment, execution will be key for the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMT:
- Lockheed Martin price target lowered to $525 from $555 at Morgan Stanley
- Lockheed Martin price target lowered to $508 from $527 at UBS
- Lockheed Martin: Strong Sales and Strategic Outlook
- GM, Boeing report quarterly results: Morning Buzz
- Lockheed says has been advocating for systemic change in defense industry