Lockheed Martin (LMT) PT Raised to $603 at UBS
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Jefferies Reiterates Hold Rating on Lockheed Martin (LMT)
October 24, 2024 6:24 AM EDTJefferies analyst Sheila Kahyaoglu reiterated a Hold rating and $590.00 price target on Lockheed Martin (NYSE: LMT)
The analyst comments "LMT reported Q3:24 EPS of $6.80 (est/cons of $6.50). Revs rose 1% y-o-y and were 1% below our ests. Segment ops beat our est by $0.12 due to MFC (+$0.21) offset by Aero (-$0.04) and Space (-$0.05); $0.18 was BTL. LMT raised 2024 rev guidance by 0.4% to $71.25BB from $70.5-71.5BB... More
