Credit Suisse upgrades Lockheed Martin

Credit Suisse upgraded their outlook for Lockheed Martin from Underperform to Outperform.

Analyst Price Forecast Suggests 4.56% Upside

As of February 7, 2023, the average one-year price target for Lockheed Martin is $490.48. The forecasts range from a low of $335.32 to a high of $585.90. The average price target represents an increase of 4.56% from its latest reported closing price of $469.10.

The projected annual revenue for Lockheed Martin is $66,400MM, an increase of 0.63%. The projected annual EPS is $27.30, an increase of 25.60%.

Lockheed Martin Declares $3.00 Dividend

Lockheed Martin said on January 26, 2023 that its board of directors declared a regular quarterly dividend of $3.00 per share ($12.00 annualized). Shareholders of record as of February 28, 2023 will receive the payment on March 24, 2023. Previously, the company paid $3.00 per share.