Lockheed Martin (LMT) Numbers Rasied at Jefferies Post Q2

July 24, 2013 1:22 PM EDT
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Price: $540.33 -1.52%

Rating Summary:
    16 Buy, 18 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 11 | New: 27
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Jefferies boosted estimates and its price target on Lockheed Martin (NYSE: LMT) from $95 to $120 following Q2 results. The Hold rating was maintained.

The firm raised Q3 EPS from $2.18 to $2.19, FY 2013 EPS from $9.00 to $9.40 and FY 2014 EPS from $9.45 to $10.00.

Jefferies analyst Howard Rubel said first half EPS results point to upside to second-half guidance.

For an analyst ratings summary and ratings history on Lockheed Martin click here. For more ratings news on Lockheed Martin click here.

Shares of Lockheed Martin closed at $117.92 yesterday.


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