Northrop Grumman Releases Second Quarter 2016 Financial Results
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Jefferies Raises Price Target on Northrop Grumman (NOC) to $250 Following 2Q
July 28, 2016 9:26 AM EDTJefferies reiterated a Buy rating on Northrop Grumman (NYSE: NOC), and raised the price target to $250.00 (from $233.00), following the company's 2Q earnings report. Management increased 2016 EPS guidance to reflect a tax expense reduction of $40mm in Q3 and better operations. EPS for... More
