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Lockheed Martin Upgraded at UBS on Underappreciated Missile Growth (LMT:NYSE)
UBS said Lockheed’s missile and munitions growth is not fully reflected in shares, and the stock rose nearly 1% after the upgrade.
Summary by Seeking Alpha
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6 Articles
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Amgen, Baidu, Best Buy, Circle Internet, Corning, Intel, Lockheed Martin SpaceX, TeraWulf and More
Wall Street returns from summer vacation to a market suddenly bracing for a rate hike, with fresh analyst calls on Intel, Lockheed Martin, Amgen, and SpaceX adding more pressure points to an already tense week.
Earnings upside for this defense giant isn't being appreciated by investors, says UBS
The bank upgraded Lockheed Martin to buy from neutral.
Why UBS Just Turned Bullish on Lockheed Martin (LMT) Stock
TLDR UBS upgraded LMT from Neutral to Buy, raising its price target to $674 from $581 Analysts project 9% revenue CAGR through 2028, driven by missiles, F-35 sustainment, CH-53K, and Trident programs UBS forecasts 150% revenue growth in the missiles and fire control segment from 2025 to 2030 LMT...
Coverage Details
Total News Sources6
Leaning Left1Leaning Right1Center1Last Updated34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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