Northrop Grumman Corp. (NOC) Tops Q3 EPS by 13c; Boosts Outlook

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With Earnings Beat In Pocket What Next for Northrop Grumman (NOC)?

October 25, 2012 1:11 PM EDT

Following Northrop Grumman (NYSE: NOC) earnings beat, analysts at Jefferies reiterated a Buy rating and raised their price target to $80 (from $72.00).

"NOC delivered Q3:12 EPS of $1.82 against our estimate of $1.61. The difference was due to better operational performance particularly within ES... More