JP Morgan Maintains Neutral on Northrop Grumman, Raises Price Target to $560
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains a Neutral rating on Northrop Grumman (NYSE:NOC) but raises the price target from $500 to $560.
October 14, 2024 | 2:56 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Northrop Grumman but increased the price target from $500 to $560, indicating a positive outlook on the stock's potential.
The increase in price target from $500 to $560 by JP Morgan suggests a positive outlook for Northrop Grumman's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100