Lockheed Martin (LMT) Raises Buyback Plan by $3B

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Cowen Raises Price Target on Lockheed Martin (LMT) Based on Extended Visibility

September 28, 2015 7:33 AM EDT

Cowen 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