Business & Finance
Lockheed’s Yearslong F-35 Deal Drives New Morgan Stanley Bull
Key Points
Lockheed’s Yearslong F-35 Deal Drives New Morgan Stanley Bull Lockheed Martin Corp.’s multi-year fighter jet deal has won over one more Wall Street bull, who has also set a Street-high price target for the company. Morgan Stanley analyst Kristine T. Liwag raised the recommendation on the shares of the Maryland-based defense contractor to overweight from equal-weight and increased the price target to $835 from $690, implying upside of nearly 30% from Thursday’s close.
Lockheed’s Yearslong F-35 Deal Drives New Morgan Stanley Bull
Lockheed Martin Corp.’s multi-year fighter jet deal has won over one more Wall Street bull, who has also set a Street-high price target for the company.
Morgan Stanley analyst Kristine T. Liwag raised the recommendation on the shares of the Maryland-based defense contractor to overweight from equal-weight and increased the price target to $835 from $690, implying upside of nearly 30% from Thursday’s close.