TD Cowen Upgrades Lockheed Martin to Buy, Raises Price Target to $560
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has upgraded Lockheed Martin (NYSE:LMT) from Hold to Buy and raised the price target from $480 to $560.
July 24, 2024 | 9:50 am
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TD Cowen has upgraded Lockheed Martin from Hold to Buy and increased the price target from $480 to $560.
The upgrade from Hold to Buy and the significant increase in the price target from $480 to $560 by TD Cowen is likely to positively impact Lockheed Martin's stock price in the short term. Analyst upgrades and higher price targets generally lead to increased investor confidence and buying activity.
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