Lockheed Martin Increases Share Repurchase Authority by $3.0 Billion
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Cowen Raises Price Target on Lockheed Martin (LMT) Based on Extended Visibility
September 28, 2015 7:33 AM EDTCowen reiterated a Market Perform rating on Lockheed Martin (NYSE: LMT), and raised the price target to $220.00 (from $200.00), on extended visability. Expected F-35 revenue/margin build should easily outweigh production end on F-16 (Q3:17) & C-5M (mid-'18) to allow 5%-type 2016-18 Aeronautics revenue gains with modestly... More
Lockheed Martin (LMT) Raises Buyback Plan by $3B
September 24, 2015 1:52 PM EDTThe Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized the purchase of up to an additional $3.0 billion of Lockheed Martin common stock under its share repurchase program. The number of shares purchased and the timing of... More
