Tuesday, September 30, 2014

Lockheed Hits New High On Analyst Upgrade



Investor's Business Daily - Investing RSS http://ift.tt/1rrHgcG Lockheed Martin (LMT) hit an all-time high Tuesday after an analyst upgraded from hold to buy the stock and set a price target of 220. The stock closed up nearly 1% in above-average volume. Stifel Nicolaus analyst Joseph DeNardi said he believes the company will grow its share buyback program and dividends over the next several years. "We believe the cash generation outlook for Lockheed's core business, combined with the expected cash recovery


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