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Morgan Stanley upgrades Lockheed to overweight with $835 target

Bloomberg · 17 hours ago

LMT

Morgan Stanley upgrades Lockheed to overweight with $835 target

Morgan Stanley analyst Kristine T. Liwag upgraded Lockheed Martin to overweight from equal-weight.
The new $835 price target is up from $690 and is the Street-high target on the stock.
The upgrade is tied to Lockheed Martin's multi-year F-35 fighter jet deal.

Sources

Lockheed’s Yearslong F-35 Deal Drives New Morgan Stanley BullBloomberg