Lockheed Martin stock rose 3% after price target increase, positive.

From Nasdaq: 2025-03-07 18:31:25

Lockheed Martin’s stock soared nearly 3% after Wells Fargo analyst Matthew Akers raised the price target to $476 per share, citing interest in U.S. defense stocks from abroad. The uncertainty surrounding the Department of Government Efficiency’s budget cuts has created hesitation among investors in the defense industry. Meanwhile, a new “Double Down” stock recommendation has been issued by analysts for three promising companies, offering a potentially lucrative opportunity for investors to capitalize on. Investors are encouraged to act swiftly before missing out on this second chance to invest.



Read more at Nasdaq: Why Lockheed Martin Stock Flew Higher on Friday