Analysts Lift Price Targets but Stay Cautious on Lockheed Martin (LMT)
Lockheed Martin Corp. (NYSE:LMT) is one of the best defense stocks in Goldman Sachs’ portfolio. As part of his October 15 Q3 preview for the aerospace and defense sector, Truist Securities analyst Michael Ciarmoli raised his price for the stock from 500. But the analyst maintained a Hold rating, despite his view of an improved sentiment towards aircraft OEM production and better aftermarket demand trends. The potential impact of the government shutdown on the upcoming guidance releases is one of ...