Northrop Grumman (NOC) PT Raised to $175 at Cowen
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RBC Capital Raises Price Target on Northrop Grumman (NOC) to $189 Following EPS Beat
July 30, 2015 7:47 AM EDTRBC Capital reiterated an Outperform rating on Northrop Grumman (NYSE: NOC), and raised a price target to $189.00 (from $178.00), following 2Q15 results. EPS of $2.74 comes above the consensus of $2.34. FY2015 EPS guidance was only lifted by ~$0.10-0.15 (now $9.55-9.70).
Analyst Robert Stallard commented, "NOC 2Q15... More
Northrop Grumman (NOC) Tops Q2 EPS by 39c; Boosts FY15 EPS OUtlook
July 29, 2015 7:03 AM EDTNorthrop Grumman (NYSE: NOC) reported Q2 EPS of $2.74, $0.39 better than the analyst estimate of $2.35. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.93 billion.
Northrop Grumman sees FY2015 EPS of $9.55-$9.70, versus the consensus of $9.62.
For earnings history and... More
