RBC Capital Reiterates Outperform on Northrop Grumman, Maintains $500 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ken Herbert has reiterated an Outperform rating on Northrop Grumman (NYSE:NOC) and maintained a $500 price target.
August 04, 2023 | 1:34 pm
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RBC Capital's reiteration of an Outperform rating and $500 price target on Northrop Grumman could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, RBC Capital's reiteration of an Outperform rating and a $500 price target for Northrop Grumman could potentially boost investor confidence and positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100