TD Cowen Maintains Buy on Lockheed Martin, Raises Price Target to $610
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Cai von Rumohr has maintained a Buy rating on Lockheed Martin and increased the price target from $560 to $610.
October 23, 2024 | 6:11 pm
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TD Cowen has reaffirmed its Buy rating on Lockheed Martin and increased the price target to $610, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can boost investor confidence and potentially lead to a short-term increase in stock price. The new price target suggests an expectation of growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100