Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Lockheed Martin Stock Popped Again Today

TheMotleyFool

0 0

Why Lockheed Martin Stock Popped Again TodayPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png

Lockheed Martin (NYSE: LMT) stock gained for a second straight day Friday, rising 4.2% through 11:50 a.m. ET after Truist Securities analyst Michael Ciarmoli upgraded the defense giant to buy with a $605 price target, as StreetInsider.com reports.

If Lockheed stock hits that price target, it will mean a 12% profit over the next 12 months -- plus a dividend yield of nearly 2.7%.

Image source: Getty Images.

Source Fool.com

Like: 0

LMT

Share