Lockheed Martin cautious on 2025 profit view, shares sink 8%

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Lockheed Martin (LMT) PT Lowered to $519 at Vertical Research Partners

January 28, 2025 2:29 PM EST

Vertical Research Partners analyst Robert Stallard lowered the price target on Lockheed Martin (NYSE: LMT) to $519.00 (from $563.00) while maintaining a Hold rating.

The analyst commented, "As tends to be the case in defense, decisions made several years ago have a... More