Lockheed Martin (LMT) Tops Q2 EPS Views; Boosts FY16 Outlook

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Go back to Lockheed Martin (LMT) Tops Q2 EPS Views; Boosts FY16 Outlook

Lockheed Martin (LMT) PT Raised to $255 at Credit Suisse, Remains on Sidelines

July 20, 2016 8:59 AM EDT

Credit Suisse analyst R. Spingarn raised its price target on Lockheed Martin (NYSE: LMT) to $255.00 (from $225.00) while maintaining a Neutral rating.

The firm's 2016-18 EPS estimates adjust to $12.48/$12.53/$13.97 from $11.90/$13.65/$15.55 respectivey.

Spingarn commented, "LMT continues to be one of the highest quality companies... More