Stock Rating Upgrade
Of late the Value Trend Rating for Lockheed Martin Corp (NYSE: LMT) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 9/13/24, Lockheed Martin Corp (NYSE: LMT) stock rose slightly by 0.3%, closing at $569.91. However, this advance was accompanied by unusually low trading volume at 64% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LMT is expected to continue to be a major Value Builder.
Lockheed Martin has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Lockheed Martin has a neutral Appreciation Score of 47 but a very high Power Rating of 90, with the Positive Value Trend Rating the result.
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