B of A Securities Maintains Buy on Northrop Grumman, Lowers Price Target to $615
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein maintains a Buy rating on Northrop Grumman (NYSE:NOC) but lowers the price target from $655 to $615.

July 28, 2023 | 2:19 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Northrop Grumman but lowers the price target from $655 to $615.
The news is directly related to Northrop Grumman. While the Buy rating is maintained, the lowering of the price target might indicate a potential slowdown in the company's growth or a more conservative outlook from the analyst. This could have a neutral to slightly negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100