JP Morgan Raises Price Targets on Northrop Grumman and Lockheed Martin
JP Morgan kept Neutral ratings on Northrop Grumman and Lockheed Martin and raised price targets on both stocks, per Dow Jones Newswires.
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what happened
JP Morgan kept its Neutral rating on Northrop Grumman while lifting its price target to $605 per share from $600. The bank also maintained Neutral on Lockheed Martin and raised its target to $665 from $620.
Dow Jones Newswires reported the changes, citing Benzinga data.
why it matters
Target increases with an unchanged rating usually signal a modest revision of valuation models rather than a change of view. For the defense sector this is a routine update with limited effect on the broader market.
tags
instruments
sources
- Northrop Grumman Is Maintained at Neutral by JP Morgan — Dow Jones Newswires, 26 October 2026 at 15:42 UTC
- Lockheed Martin Is Maintained at Neutral by JP Morgan — Dow Jones Newswires, 26 October 2026 at 15:41 UTC
- Fair Isaac Is Maintained at Neutral by JP Morgan — Dow Jones Newswires, 26 October 2026 at 15:57 UTC
- Grifols Is Maintained at Neutral by JP Morgan — Dow Jones Newswires, 26 October 2026 at 16:04 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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