JP Morgan Upgrades Lockheed Martin to Overweight, Raises Price Target to $518
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman upgraded Lockheed Martin (LMT) from Neutral to Overweight and increased the price target from $475 to $518.

April 15, 2024 | 10:49 am
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Lockheed Martin was upgraded by JP Morgan from Neutral to Overweight with a price target increase from $475 to $518.
The upgrade from Neutral to Overweight by a major financial institution like JP Morgan, accompanied by a significant increase in the price target, is a strong positive signal to the market. This suggests a bullish outlook on Lockheed Martin's future performance and financial health, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100