Baird Maintains Neutral on Northrop Grumman, Raises Price Target to $505
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Arment maintains a Neutral rating on Northrop Grumman (NOC) and raises the price target from $475 to $505.

April 26, 2024 | 12:12 pm
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Baird analyst Peter Arment maintains a Neutral rating on Northrop Grumman and raises the price target from $475 to $505.
The increase in price target from $475 to $505 by Baird reflects a positive outlook on Northrop Grumman's stock value in the short term, despite maintaining a Neutral rating. This adjustment suggests an expectation of stock performance improvement or underlying value recognition, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100