Are Wall Street Analysts Bullish on Northrop Grumman Stock?

Valued at a market cap of $99.7 billion, Northrop Grumman Corporation (NOC) is an aerospace and defense technology company based in Falls Church, Virginia.

This aerospace and defense company has considerably outpaced the broader market over the past 52 weeks. Shares of NOC have surged 54.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.8%. Moreover, on a YTD basis, the stock is up 23.2%, compared to SPX’s marginal downtick.