Morgan Stanley analyst Kristine Liwag raised the firm’s price target on Lockheed Martin (LMT) to $675 from $543 and keeps an Equal Weight rating on the shares. Investor concerns from 2025 have eased and new multi-year missile production arrangements “bode well,” but this shift appears captured in current share prices with the stock up about 30% year-to-date, the analyst tells investors.
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