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Lockheed Martin's Greatest Upside Potential Is In Space: Analyst Sees Dividend Hikes, Buyback Top Ups

Deutsche Bank analyst Scott Deuschle maintains Lockheed Martin Corporation LMT with a Buy, raising the price forecast from 600 to 600 to 620.The analyst suggests that Lockheed Martin likely prefunds its pension in the fourth quarter, although the company may delay a formal announcement until after it’s completed.Deuschle adds that the associated debt issuance for this funding is expected to occur sooner.The analyst forecasts third-quarter EPS of 6.70,approximately46.70, approximately 4% above the Street’s estimate of 6.47.Deusch ...