Northrop Grumman (NOC) Tops Q3 EPS by 76c, Lifts FY EPS Guidance
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October 26, 2017 8:29 AM EDT
Baird raised its price target on Northrop Grumman (NYSE: NOC) to $345.00 (from $302.00) while maintaining a Outperform rating.
Analyst Peter Arment said with momentum moving fast for the Orbital ATK deal, their model now reflects this transaction.
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October 26, 2017 8:21 AM EDT
Jefferies raised its price target on Northrop Grumman (NYSE: NOC) to $333.00 (from $269.00) while maintaining a Hold rating following the company's 3Q earnings report. Jefferies raised 2017 EPS estimates to $13.20 from $12.70 to reflect the Q3 beat. 2018 and 2019 EPS estimates increased by 1-2% to $13.60 and $15.15 from $13.45 and $14.85,... More
October 26, 2017 7:22 AM EDT
Cowen raised its price target on Northrop Grumman (NYSE: NOC) to $300.00 (from $275.00) while maintaining a Market Perform rating following the company's 3Q report. Q3 EPS of $3.68 beat consensus by 76¢ on a 57¢ add from a low tax rate and a 4¢ operational beat, mainly at... More
