Why Lockheed Martin Stock Keeps Going Up
Lockheed Martin had a terrific Q2 -- and Wall Street noticed.
Overview
Lockheed Martin (NYSE: LMT) had a terrific Q2, and reported powerful profits and sales in its Q2 earnings report yesterday -- topping off the report with raised guidance.
Wall Street is applauding, with no fewer than five separate analysts raising price targets on Lockheed Martin stock today. Shares of the defense giant are up for a second day running in response, gaining 2.1% through 2:05 p.m. ET, and topping $580 a share.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.