Lockheed Martin (LMT) Numbers Rasied at Jefferies Post Q2
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, with a 52 week range of $85.88-$119.45.
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, with a 52 week range of $85.88-$119.45.