Lockheed Martin Corp (LMT) Receives a Buy from Cowen & Co.


Cowen & Co. analyst Cai Rumohr maintained a Buy rating on Lockheed Martin Corp (NYSE: LMT) today and set a price target of $370. The company’s shares closed yesterday at $313.64.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 17.3% and a 74.8% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lockheed Martin Corp with a $358.50 average price target.

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The company has a one-year high of $363 and a one-year low of $291.52. Currently, Lockheed Martin Corp has an average volume of 1.27M.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.

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Lockheed Martin Corp. engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space.

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