Bernstein Cuts Lockheed Martin Price Target to $564 From $629
Bernstein maintained a Market Perform rating while lowering its price target on Lockheed Martin to $564 from $629. The body also says Vertical Research upgraded the stock but provides no details.
Lockheed Martin shares attracted attention on Wednesday as analysts took differing positions. Bernstein cut its price target to $564 from $629 and maintained its ‘Market Perform’ rating, while Vertical Research upgraded the stock. The Fly reported Bernstein’s target change.