UBS Initiates Coverage On Lockheed Martin with Neutral Rating, Announces Price Target of $470
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons has initiated coverage on Lockheed Martin (NYSE:LMT) with a Neutral rating and a price target of $470.
October 11, 2023 | 9:10 am
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NEUTRAL IMPACT
UBS has initiated coverage on Lockheed Martin with a Neutral rating and a price target of $470.
The initiation of coverage by UBS with a Neutral rating suggests that the stock is fairly valued at current levels. The price target of $470 indicates where UBS believes the stock will trade in the near future. This could potentially influence investor sentiment and trading behavior, but the neutral rating suggests no significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100