BTIG raised the firm’s price target on Northrop Grumman (NOC) to $630 from $575 and keeps a Buy rating on the shares following the quarterly results. Northrop Grumman remains one of the best ways to play the growth in international defense spending at the large-cap level, the analyst tells investors in a research note.
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Read More on NOC:
- Northrop Grumman price target raised to $625 from $550 at Truist
- Northrop Grumman price target raised to $565 from $547 at Baird
- Northrop Grumman price target raised to $650 from $550 at BofA
- Northrop Grumman price target raised to $625 from $600 at RBC Capital
- Northrop Grumman’s Strong Defense Sector Position and Growth Prospects Drive Buy Rating