JPMorgan analyst Seth Seifman raised the firm’s price target on Elbit Systems (ESLT) to $580 from $530 and keeps a Neutral rating on the shares as part of its aerospace and defense outlook for 2026. The outlook for sector remains mostly positive into 2026, the analyst tells investors in a research note. In aerospace, JPMorgan expects strong demand and a gradual supply increase to drive “visible growth.” The outlook for defense is “more nuanced,” the firm adds.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESLT:
- Elbit Systems’ PULS System Secures Approval from Hellenic Armed Forces
- Elbit Systems Puls rocket artillery system selected by Hellenic armed forces
- PayPal downgraded, Roku upgraded: Wall Street’s top analyst calls
- Elbit Systems initiated with an Equal Weight at Morgan Stanley
- Elbit Systems Hold Rating: Balanced Risk-Reward Amid Strong Market Position and Valuation Concerns