Lockheed Martin Upgraded To Buy From Hold At Deutsche Bank
Deutsche Bank analyst Myles Walton upgraded Lockheed Martin (LMT) to Buy saying 2016 should be the first year of positive defense spending outlays since 2010 after the Republicans retained control of Congress and added the White House.
The best scenario for defense stocks plays out last night, Walton tells investors in a research note.
The analyst keeps Buy ratings on Northrop Grumman (NOC) and L-3 Communications (LLL) in the large-cap U.S. Defense space.
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
