UBS Initiates Coverage On Northrop Grumman with Buy Rating, Announces Price Target of $555
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons has initiated coverage on Northrop Grumman (NYSE:NOC) with a Buy rating and a price target of $555.

October 11, 2023 | 9:06 am
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UBS has initiated coverage on Northrop Grumman with a Buy rating and a price target of $555, which could positively impact the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, UBS, a reputable financial institution, has initiated coverage on Northrop Grumman with a Buy rating and a high price target. This suggests that UBS sees potential in NOC's stock, which could encourage investors to buy, potentially driving up the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100