Morgan Stanley Maintains Equal-Weight on Lockheed Martin, Lowers Price Target to $503
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kristine Liwag has maintained an Equal-Weight rating on Lockheed Martin (NYSE:LMT) but reduced the price target from $513 to $503.

January 24, 2024 | 8:07 pm
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NEUTRAL IMPACT
Lockheed Martin's stock may experience limited short-term impact due to Morgan Stanley's price target reduction from $513 to $503, while maintaining an Equal-Weight rating.
The adjustment in price target by Morgan Stanley is relatively minor and the Equal-Weight rating remains unchanged, suggesting that the analyst sees neither significant upside nor downside potential in the near term. This typically results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100