RBC Capital Maintains Sector Perform on Northrop Grumman, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert maintains a Sector Perform rating on Northrop Grumman (NYSE:NOC) and raises the price target from $475 to $500.
July 26, 2024 | 1:54 pm
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RBC Capital analyst Ken Herbert maintains a Sector Perform rating on Northrop Grumman and raises the price target from $475 to $500.
The raised price target from $475 to $500 by RBC Capital suggests a positive outlook for Northrop Grumman, which could lead to a short-term increase in stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the sector, tempering the overall impact.
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IMPORTANCE 70
RELEVANCE 100