Lockheed Martin price target raised to $740 from $725 at Susquehanna

Susquehanna raised the firm’s price target on Lockheed Martin (LMT) to $740 from $725 and keeps a Positive rating on the shares. The firm updated its model given its positioning as a key Defense contractor within an increasingly elevated global threat environment. They remain confident in its medium-term growth outlook, underpinned by expanding production capacity and a robust backlog across its key programs.