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The Street's Reaction To Lockheed Martin's Q3 Earnings
Wednesday, October 24, 2018 - 12:10pmRead More...Global security and aerospace company Lockheed Martin Corporation (NYSE: LMT) reported Tuesday its third-quarter results, highlighted by a top-and-bottom-line beat and an upward revised guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts...
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Aerospace Supplier TransDigm Buys Esterline Technologies In $4B Deal
Wednesday, October 10, 2018 - 8:57amRead More...Aircraft component designer, producer and supplier TransDigm Group Incorporated (NYSE: TDG) confirmed Wednesday it entered an agreement to buy aerospace and defense supplier Esterline Technologies Corporation (NYSE: ESL) for a near 40-percent premium. What Happened TransDigm reached...
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Huntington Ingalls Has A Leadership Position In Defense, Buckingham Says In Bullish Initiation
Wednesday, September 12, 2018 - 1:09pmRead More...Shipbuilder Huntington Ingalls Industries Inc (NYSE: HII) is a pure play on the defense sector and boasts an "underappreciated story" that investors should take advantage of, according to Buckingham Research Group. The Analyst Analyst Richard Safran initiated coverage of...
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Harris Will Benefit From A 'Substantial Increase' In Military Spending, Argus Says
Wednesday, April 4, 2018 - 12:19pmRead More...President Donald Trump's commitment to support the U.S. military bodes well for Harris Corporation (NYSE: HRS), according to Argus. The Analyst Argus' Mike Jaffe initiated coverage of Harris' stock with a Buy rating and $196 price target. The Thesis Harris, a provider of...
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Leidos Could See 50% Upside, Goldman Adds To Conviction List
Thursday, March 1, 2018 - 3:40pmRead More...Leidos Holdings, Inc. (NASDAQ: LDOS), a U.S.-based defense company formed as part of a 2016 spin-off, is among the least expensive defense stock, according to Goldman Sachs. The Analyst Goldman Sachs' Noah Poponak maintains a Buy rating on Leidos Holdings' stock with a price target...
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Jefferies: Orbital ATK Acquisition Strengthens Northrop Grumman
Wednesday, February 14, 2018 - 3:04pmRead More...The case for buying Northrop Grumman Corporation (NYSE: NOC)'s stock was solidified after the company was green-lighted by European regulators to acquire Orbital ATK Inc (NYSE: OA), according to Jefferies. The Analyst Jefferies' Sheila Kahyaoglu upgraded Northrop Grumman's stock...
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What Defense Firms Spend On Lobbying To Influence Trump
Sunday, September 10, 2017 - 7:38pmRead More...Actually, not much. At least, not as much as they’d spent under other presidents or other diplomatic circumstances. Since the start of his term, President Donald Trump has authorized the deployment of the “Mother of All Bombs,” called to increase military presence in Afghanistan...
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Defense Is Facing An Air Pocket In 2018; BofA Downgrades Oshkosh
Friday, July 7, 2017 - 10:09amRead More...Shares of Oshkosh Corp (NYSE: OSK) lost more than 5 percent Friday morning after analysts at Bank of America turned bearish on the defense contractor. Bank of America's Ross Gilardi downgraded Oshkosh's stock from Neutral to Underperform with a price target lowered from $75 to $60 as...
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Winners And Losers From Trump's $4 Trillion Budget Proposal
Tuesday, May 23, 2017 - 9:54amRead More...The poor, the elderly, the disabled, college students and environmental protections all stand to take a big hit if Congress approves President Donald Trump’s $4.1 trillion budget for fiscal year 2018. Defense contractors, corporations in general and the wealthiest Americans all stand to gain...
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Some Major Defense Stocks Under Selling Pressure Amid Trump Tweet
Tuesday, December 6, 2016 - 2:13pmRead More...Shares of major defense contractors were in the red after a tweet from President-elect Donald Trump, who wants the United States to cancel a Boeing Co (NYSE: BA) contract for delivering Air Force One planes. Trump, Tweets And Stock Reactions “Boeing is building a brand new 747 Air Force...
