Skechers and Lockheed Martin Receive Analyst Upgrades: Boost in Stock Price Expected

.July 29, 2024 03:47:49 AM

Analysts have upgraded Skechers (SKX) and Lockheed Martin (LMT) this week. Morgan Stanley raised Skechers to “Overweight” with a $80 price target, citing improving financial metrics and potential upside in sales and margins. Lockheed Martin also received an upgrade on positive outlooks for defense spending. While analyst calls are positive, investors should conduct thorough research on financials, industry trends, and market conditions before making investment decisions. Financial Modeling Prep (FMP) offers tools to analyze company financials and trends, while the WMA API integrates Weighted Moving Averages for technical analysis. Conducting comprehensive research is key to successful investing.