Lockheed Martin Corp. (LMT) Tops Q2 EPS by 10c; Boosts FY14 Profit Outlook

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Lockheed Martin (LMT) Estimates, PT Raised at BofA/Merrill Lynch Post Q2

July 23, 2014 8:34 AM EDT

BofA/Merrill Lynch analyst Ronald Epstein reiterated a Buy rating and bumped his price target on Lockheed Martin (NYSE: LMT) price target of to $185.00 (from $174.00) following Q2 results yesterday.

The analyst raised forward EPS estimates: to $11.00 (from $10.80) for 2014e, to $11.60 (from $10.90) for 2015e, to $12.40 (from... More