- Wells Fargo (NYSE:WFC) analyst Matthew Akers raises the price target of four Aerospace & Defense companies.
- The analyst believes the valuation is likely to remain high on elevated tensions for some time to come.
- General Dynamics Corp's (NYSE: NYSE:GD) price target raised to $282 (an upside of 11%) from $235 and maintained an Overweight rating on the shares.
- L3Harris Technologies Inc (NYSE: LHX) price target raised to $291 (an upside of 5.5%)from $240 and maintained an Overweight rating on the shares.
- Northrop Grumman Corp's (NYSE: NYSE:NOC) price target raised to $472 (3.6% downside)from $390 and maintained an Equal Weight rating on the shares.
- Lockheed Martin Corp's (NYSE: NYSE:LMT) price target raised to $486 (an upside of 1.4%) and maintained an Equal Weight rating on the shares.
- Price Action: GD shares are trading higher by 3.22% at $253.20, LHX higher by 3.3% at $275.88, NOC higher by 4.5% at $489.73, and LMT higher by 4.58% at $479.14 on Monday.
Mar 2022 | Wells Fargo | Maintains | Overweight | |
Mar 2022 | Morgan Stanley (NYSE:MS) | Maintains | Equal-Weight | |
Feb 2022 | Morgan Stanley | Upgrades | Underweight | Equal-Weight |
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