Susquehanna lowered the firm’s price target on Lockheed Martin (LMT) to $590 from $695. The firm believes the Boeing (BA) resolution of the IAM work stoppage and subsequent restart of 737, 767, and 777 production are important catalysts for the Commercial Aerospace industry broadly as it prepares for 2025 and they think the steadily building production will be a positive catalyst for Boeing and many of its suppliers.
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