Jefferies raised the firm’s price target on Lockheed Martin (LMT) to $640 from $630 and keeps a Hold rating on the shares. The firm forecasts Q1 revenue to be about flat at $18.0B, versus consensus of $18.4B, with EPS of $6.61, or 2% below consensus, the analyst tells investors in a preview. 2026 guidance is likely to be maintained given history, though Q1 is unlikely to derisk the full year outlook, the analyst added.
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