RBC Capital and JPMorgan Downgrade Lockheed Martin (LMT) and Other Aerospace/Defense Stocks
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Price: $389.14 +2.00%
Rating Summary:
7 Buy, 4 Hold, 0 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
7 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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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.
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.
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