BofA/Merrill Lynch Upgrades Lockheed Martin (LMT) to Neutral

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Lockheed Martin (LMT) Numbers Rasied at Jefferies Post Q2

July 24, 2013 1:22 PM EDT

Jefferies boosted estimates and its price target on Lockheed Martin (NYSE: LMT) from $95 to $120 following Q2 results. The Hold rating was maintained.

The firm raised Q3 EPS from $2.18 to $2.19, FY 2013 EPS from $9.00 to $9.40 and FY 2014 EPS from $9.45 to $10.00.

Jefferies... More

Lockheed Martin Corp. (LMT) Tops Q2 EPS Views; Boosts FY13 Outlook

July 23, 2013 7:26 AM EDT

Lockheed Martin Corp. (NYSE: LMT) reported Q2 EPS of $2.64, $0.44 better than the analyst estimate of $2.20. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.12 billion.

Sees FY2013 EPS of $9.20-$9.50, versus prior guidance of $8.80-$9.10 and the consensus of $9.01.... More