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

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

January 31, 2018 12:19 PM EST

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 $410 at Baird

January 30, 2018 8:28 AM EST

Baird raised its price target on Lockheed Martin (NYSE: LMT) to $410.00 (from $337.00) while maintaining a Outperform rating.

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

January 30, 2018 7:27 AM EST

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

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

January 30, 2018 7:26 AM EST

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.

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Lockheed Martin (LMT) PT Raised to $400 at Citi

January 30, 2018 7:01 AM EST

Citi raised its price target on Lockheed Martin (NYSE: LMT) to $400.00 (from $355.00) while maintaining a Buy rating.

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

January 30, 2018 6:17 AM EST

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

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Lockheed Martin (LMT) PT Raised to $400 at Stifel; $20/shr in FCF in 2019/2020

January 29, 2018 4:41 PM EST

Stifel raised its price target on Lockheed Martin (NYSE: LMT) to $400.00 (from $345.00) while maintaining a Buy rating.

Analyst Joseph DeNardi noted while results were largely in-line cash generation stronger than expected with $6.5B in full-year cash flow from operations ahead of Lockheed's ~$6.2B... More

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

January 29, 2018 3:37 PM EST

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

Lockheed Martin revenue beats, outlook strong for 2018

January 29, 2018 7:42 AM EST

By Mike Stone and Ankit Ajmera

(Reuters) - Lockheed Martin Corp (NYSE: LMT) reported quarterly revenue on Monday that beat Wall Street estimates, helped by higher F-35 fighter jet sales, and forecast better-than-expected 2018 profit.

The U.S. defense contractor said quarterly sales in its aeronautics business, its biggest, rose 11.8 percent to $6.05 billion. The profit margin for the division grew by 20 percent in the quarter as the F-35 program continued to mature.

At the same time, Lockheed took a $1.9 billion charge in the fourth quarter, mainly due to bringing back... More

Lockheed Martin (LMT) Tops Q4 EPS by 23c

January 29, 2018 7:33 AM EST

Lockheed Martin (NYSE: LMT) reported Q4 EPS of $4.30, $0.23 better than the analyst estimate of $4.07. Revenue for the quarter came in at $15.1 billion versus the consensus estimate of $14.73 billion.

GUIDANCE:

Lockheed Martin sees FY2018 EPS of $15.20-$15.50, versus the consensus of... More