This Is What Whales Are Betting On Lockheed Martin
Portfolio Pulse from Benzinga Insights
A 'whale' investor has taken a bullish stance on Lockheed Martin (NYSE:LMT), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $400.0 to $500.0 for Lockheed Martin over the last 3 months. The price of LMT is up 1.11% at $430.01. Wells Fargo upgraded its action to Equal-Weight with a price target of $440.
September 20, 2023 | 7:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
A whale investor has taken a bullish stance on Lockheed Martin, with a target price range of $400-$500. The stock price is currently up 1.11% at $430.01. Wells Fargo has upgraded its rating to Equal-Weight with a price target of $440.
The bullish stance of a whale investor, along with the upgrade from Wells Fargo, indicates positive sentiment towards Lockheed Martin. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100