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Northrop Grumman's Flight Path Recalculated: Analyst Trims Forecast, Reiterates Buy
NOCNorthrop Grumman(NOC) Benzinga·2025-04-24 04:46

On Wednesday, Bank of America Securities analyst Ronald J. Epstein reiterated the Buy rating on Northrop Grumman Corporation NOC, lowering the price forecast from 585to585 to 550.On Tuesday, the firm reported first-quarter revenue of 9.47billion,missinganalyst estimates of9.47 billion, missing analyst estimates of 9.94 billion, according to Benzinga Pro. The aerospace and defense company reported first-quarter adjusted earnings of 6.06pershare,missinganalystestimatesof6.06 per share, missing analyst estimates of 6.26 per share.The analyst notes that, in the coming years, Northrop G ...