The Latest Breaking News from Lockheed Martin

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 3.47% on an annualized basis producing an average annual return of 10.39%. Currently, Lockheed Martin has a market capitalization of $114.99 billion.

U.S. President Joe Biden will travel to Alabama on Tuesday to visit a Lockheed Martin Corp facility that is manufacturing weapons being provided to Ukraine, including Javelin anti-tank missiles, the White House said on Wednesday.

Lockheed Martin and Target are among five stocks that are showing relative strength as rising rates and inflation slam the broader market.

Lockheed Martin is the IBD Stock of the Day. LMT stock is among several defense giants in bases trying to bounce off key support levels.

Thursday: Labor leader Anthony Albanese wins the first leaders’ debate. Plus: Russia tests new missile from its nuclear arsenal

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

Over the past 3 months, 8 analysts have published their opinion on Lockheed Martin (NYSE:LMT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Hundreds of Australians wrote letters saying sponsorship deals with arms manufacturers are ‘degrading to the memory of our war dead’

Ukraine invasion is not the first conflict Western governments have used to showcase weapons to potential buyers, writes Andrew Buncombe