Lockheed Martin profit beats, downplays Saudi exposure

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Lockheed Martin (LMT) PT Lowered to $357 at Credit Suisse

October 24, 2018 9:00 AM EDT

Credit Suisse analyst Robert Spingarn lowered the price target on Lockheed Martin (NYSE: LMT) to $357.00 (from $368.00) while maintaining a Neutral rating following results.

'18/'19/'20 EPS estimates increase to $17.59/$19.84/25.44 ($17.03/$19.75/$25.18 respectively).

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