Northrop Grumman price target raised to $690 from $650 at Susquehanna

Susquehanna raised the firm’s price target on Northrop Grumman (NOC) to $690 from $650 and keeps a Positive rating on the shares. The firm updated their model following the 3Q25 earnings results.They noted full-year 2025 sales guidance was decreased, attributable primarily to delayed timing on certain awards and programs. That said, they remain confident that its core programs are well-aligned with defense spending priorities domestically and internationally.