Buckingham Defends Lockheed (LMT) as Shares Slide; Upgrades to Strong Buy

October 22, 2009 9:47 AM EDT

Buckingham Research upgrades shares of Lockheed Martin (NYSE: LMT) from Accumulate to Strong Buy.

Since reporting Q3 results on Tuesday morning, shares of Lockheed have fallen more than 9%. Today, the stock is trading around $70.69.

Several analysts, including Collins Stewart and Morgan Keegan, have made calls on Lockheed since the earnings report. To see all the upgrades/downgrades on the stock, visit our Analyst Ratings page.

Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services in the United States and internationally.


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