Northrop Grumman (NOC) Tops Q2 EPS by 28c, Raises FY EPS Guidance

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Northrop Grumman (NOC) PT Raised to $255 at Stifel Following 2Q

July 27, 2017 8:12 AM EDT

Stifel raised its price target on Northrop Grumman (NYSE: NOC) to $255.00 (from $245.00) while maintaining a Hold rating. Northrop reported 2Q17 EPS results of $3.15, above consensus' estimate of $2.86. Non-operating contributions from a higher FAS/CAS adjustment attributed to the beat.

Based on 2Q17 results and... More