RBC Capital and JPMorgan Downgrade Lockheed Martin (LMT) and Other Aerospace/Defense Stocks

January 4, 2012 10:56 AM EST
Get Alerts MOG-A Hot Sheet
Price: $445.38 +0.95%

Rating Summary:
    7 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
Join SI Premium – FREE
This morning, RBC downgraded Moog (NYSE: MOG-A) from Outperform to Sector Perform, but boosted its price target by $1 to $47.

RBC downgraded Heico (NYSE: HEI) from Sector Perform to Underperform and cut its price target from $67 to $62.

RBC also cut Lockheed Martin (NYSE: LMT) from Sector Perform to Underperform, but did raise its price target from $74 to $80.

Today, JPMorgan followed suit and downgraded LMT from Overweight to Neutral. JPM also raised its price target from $76 to $80

However, JPMorgan did lift shares of Goodrich (NYSE: GD) from Neutral to Overweight and raised its price target from $71 to $75.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Downgrades, Upgrades

Related Entities

JPMorgan, RBC Capital