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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100