Deutsche Bank Upgrades Northrop Grumman to Buy, Raises Price Target to $575
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has upgraded Northrop Grumman (NYSE:NOC) from Hold to Buy and raised the price target from $474 to $575.
July 29, 2024 | 9:23 am
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Deutsche Bank has upgraded Northrop Grumman from Hold to Buy and increased the price target from $474 to $575, indicating a positive outlook for the stock.
The upgrade from Hold to Buy and the significant increase in the price target from $474 to $575 by Deutsche Bank suggests strong confidence in Northrop Grumman's future performance. This is likely to positively impact the stock price in the short term as investors react to the upgraded rating and higher price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100