Susquehanna Maintains Positive on Lockheed Martin, Lowers Price Target to $540
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has maintained a Positive rating on Lockheed Martin (NYSE:LMT) but has reduced the price target from $550 to $540.
January 24, 2024 | 7:30 pm
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Susquehanna analyst Charles Minervino maintains a Positive rating on Lockheed Martin but lowers the price target from $550 to $540.
The reduction in price target by Susquehanna could have a mixed impact on Lockheed Martin's stock price. While the maintenance of a Positive rating suggests continued confidence in the company's performance, the lowered price target may signal a tempered expectation for growth, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100