Baird lowered the firm’s price target on Lockheed Martin (LMT) to $500 from $540 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results as the company’s execution woes lead to shaken confidence and a rest risk profile.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMT:
- Lockheed Martin price target lowered to $453 from $498 at UBS
- Lockheed Martin price target lowered to $530 from $575 at Morgan Stanley
- Mixed Performance and Significant EPS Miss Lead to Hold Rating for Lockheed Martin
- Lockheed Martin: Overcoming Setbacks with Attractive Valuation and Global Defense Opportunities
- Lockheed Martin Reports Q2 2025 Financial Results