Northrop Grumman Releases Fourth Quarter and Full-Year 2019 Financial Results

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Goldman Sachs Double Downgrades Northrop Grumman (NOC) to Sell

February 3, 2020 5:54 AM EST

Goldman Sachs analyst Noah Poponak downgraded Northrop Grumman (NYSE: NOC) from Buy to Sell with a price target of $337.00.

The analyst comments "We downgrade Northrop Grumman (NOC) to Sell from Buy. In the medium-term, organic revenue growth is slower than the industry,... More