US EditionTop Wall Street Forecasters Revamp Lockheed Martin Expectations Ahead Of Q1 Earnings - Lockheed Martin (NYSE:LMT)
- Lockheed Martin released its first-quarter earnings report on Tuesday, April 22.
- The report followed recent analyst downgrades and reduced price targets for the stock.
- The company surpassed Wall Street's earnings and revenue estimates for the quarter.
- Lockheed reported $7.28 earnings per share on $17.96 billion total revenue.
- Shares rallied after initially falling, and the company reaffirmed full-year forecasts.
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Lockheed Martin, Northrop Grumman, RTX To Report As DOGE-Related Defense Fears Wane
Morgan Stanley recently upgraded Lockheed Martin and hiked its Northrop Grumman price target, as DOGE-related defense spending cut fears wane. The post Lockheed Martin, Northrop Grumman, RTX To Report As DOGE-Related Defense Fears Wane appeared first on Investor's Business Daily.
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Leaning Left1Leaning Right2Center2Last UpdatedBias Distribution40% Center, 40% Right
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- 40% of the sources are Center, 40% of the sources lean Right
40% Right
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C 40%
R 40%
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