Citigroup Keeps Their Buy Rating on Northrop (NOC)


In a report released today, Jonathan Raviv from Citigroup maintained a Buy rating on Northrop (NOC), with a price target of $333. The company’s shares opened today at $256.50.

According to TipRanks.com, Raviv is ranked #1046 out of 5141 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northrop with a $318.92 average price target, representing a 24.3% upside. In a report released today, Credit Suisse also upgraded the stock to Buy with a $302 price target.

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The company has a one-year high of $360.88 and a one-year low of $223.63. Currently, Northrop has an average volume of 1.53M.

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Northrop Grumman Corp. engages in the provision of security businesses. It includes products, systems, and solutions in autonomous systems, cyber, command, control, communications and computers, intelligence, surveillance and reconnaissance, strike, and logistics and modernization.