This Is What Whales Are Betting On Lockheed Martin
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Lockheed Martin (NYSE:LMT), with 75% of recent trades being bearish. The price target range for the company over the last three months has been $420.0 to $500.0. The current price of LMT is down -0.89% at $450.01. Analysts have mixed opinions, with Morgan Stanley downgrading its action to Equal-Weight with a price target of $532, while Citigroup maintains a Buy rating with a price target of $555.
August 14, 2023 | 8:16 pm
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A significant investor has taken a bearish stance on Lockheed Martin, with the majority of recent trades being bearish. The price target range for the company over the last three months has been $420.0 to $500.0. The current price of LMT is down -0.89% at $450.01.
The bearish stance taken by a significant investor, along with the current price decrease, suggests a potential negative short-term impact on Lockheed Martin's stock. The mixed analyst opinions add uncertainty to the situation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100