Northrop Grumman's Flight Path Recalculated: Analyst Trims Forecast, Reiterates Buy
On Wednesday, Bank of America Securities analyst Ronald J. Epstein reiterated the Buy rating on Northrop Grumman Corporation NOC, lowering the price forecast from 550.On Tuesday, the firm reported first-quarter revenue of 9.94 billion, according to Benzinga Pro. The aerospace and defense company reported first-quarter adjusted earnings of 6.26 per share.The analyst notes that, in the coming years, Northrop G ...