Lockheed Martin (NYSE:LMT) shares experienced a 1.3% decline on Friday, trading down to $658.1020 on lower-than-average volume. This occurred despite several analysts raising their price targets, though the company still holds a consensus “Hold” rating with an average target of $612.50. The aerospace company recently reported mixed quarterly results, missing EPS estimates but surpassing revenue expectations, and declared a quarterly dividend of $3.45 per share.
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Lockheed Martin (NYSE:LMT) Trading Down 1.3% - Here's What Happened
Lockheed Martin (NYSE:LMT) shares experienced a 1.3% decline on Friday, trading down to $658.1020 on lower-than-average volume. This occurred despite several analysts raising their price targets, though the company still holds a consensus “Hold” rating with an average target of $612.50. The aerospace company recently reported mixed quarterly results, missing EPS estimates but surpassing revenue expectations, and declared a quarterly dividend of $3.45 per share.