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Bernstein Downgrades Northrop Grumman (NOC) to Market Perform, Cuts Price Target to $77

July 7, 2011 8:02 AM EDT
Get Alerts NOC Hot Sheet
Price: $585.87 +1.94%

Rating Summary:
    18 Buy, 13 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Bernstein downgraded shares of Northrop Grumman (NYSE: NOC) to a Market Perform rating from its previous rating of Outperform. The firm also cut its price target on the company by a $1 to $77.

For more ratings news on Northrop Grumman click here and for the rating history of Northrop Grumman click here.

Shares of Northrop Grumman closed at $70.00 yesterday.


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