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Stock impact report

Northrop Grumman Corporation (NOC) a Moderate Buy, Analysts See 4% Upside [Yahoo! Finance]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
Company Research Source: Yahoo! Finance
the firm's price target on the stock to $777 from $770, while keeping a Buy rating. The update follows Citigroup's adjustment on the stock on January 13, when the firm hiked its price target on the company's shares to $715 from $654 and reiterated a Buy rating, as it revised its position on stocks in the aerospace and defense sector, citing strong momentum. Based on the ratings of 13 analysts, Northrop Grumman Corporation (NYSE:NOC) is a Moderate Buy. The stock has a one-year average share price target of $692.08, representing an upside of 3.78% as of the close on January 19. On January 12, the company was awarded a $233 million contract to manufacture a new advanced lightweight torpedo for the U.S. Navy, which will feature improved lethality. The agreement will also include manufacturing proof and delivery for the qualification phases. This follows a $94.3 million contract secured from the Navy on January 7 to build a new second-stage solid rocket motor for missile programs t Show less Read more
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