Lockheed Martin (LMT) Tops Q4 EPS by 23c

Lockheed Martin (LMT) Secures $81M Contract from U.S. Air Force to Modernize Airborne Launch Control System

The U.S. Air Force recently awarded Lockheed Martin (NYSE: LMT) an $81 million Technology Maturation and Risk Reduction (TMRR) contract to provide a design and functional prototype to replace the aging Airborne Launch Control System aboard the E-6B Mercury Airborne Command Post.

The Airborne Launch Control System-Replacement (ALCS-R) program will provide a survivable alternate launch capability for the Minuteman III... More

Lockheed Martin (LMT) PT Raised to $380 at Credit Suisse

Credit Suisse raised its price target on Lockheed Martin (NYSE: LMT) to $380.00 (from $308.00) while maintaining a Neutral rating following results.

The firm's 2018-19 EPS estimates adjust to $15.49/$17.74 (from $13.14/$15.12), and they introduce 2020 EPS estimate of $22.47.

Lockheed Martin (LMT) PT Raised to $385 at JPMorgan

JPMorgan raised its price target on Lockheed Martin (NYSE: LMT) to $385.00 (from $373.00) while maintaining a Neutral rating.

Lockheed Martin (LMT) PT Raised to $370 at Cowen

Cowen raised its price target on Lockheed Martin (NYSE: LMT) to $370.00 (from $320.00) while maintaining a Market Perform rating.

Analyst Cai von Rumohr said LMT has the potential for 20% EPS growth in 2019-20, after a 2018 transition year with ~$20/share in annual CFPS in 2019-20; and foreign orders offer upside.

Lockheed Martin (LMT) PT Raised to $457 at Drexel Hamilton

Drexel Hamilton raised its price target on Lockheed Martin (NYSE: LMT) to $457.00 (from $363.00) while maintaining a Buy rating.

Lockheed Martin (LMT) PT Raised to $366 at Vertical Research Partners on 4Q Beat; 'Prospects Looking Good... Improved U.S. and Export Demand'

Vertical Research Partners raised its price target on Lockheed Martin (NYSE: LMT) to $366.00 (from $337.00) while maintaining a Hold rating, following the company's fourth quarter earnings report.

Analyst Rob Stallard notes a positive outlook on the shares, as the company reported fourth quarter earnings per... More