Cyber Workforce Discussion – Working to Solve a National Crisis

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Jefferies Raises Price Target on Northrop Grumman (NOC) Following 3Q Beat

October 27, 2016 9:45 AM EDT

Jefferies reiterated a Buy rating on Northrop Grumman (NYSE: NOC), and raised the price target to $260.00 (from $250.00), following the company's 3Q earnings report. NOC reported EPS of $3.35, 20c ahead of expectations. Management increased 2016 EPS guidance to be in the range of $11.55-$11.75 up from $10.75-... More