Citigroup analyst John Godyn has maintained a Neutral rating on Lockheed Martin Corporation (LMT) with a price target of $673. This reaffirmation follows a previous price target increase by Citigroup on February 5, after Lockheed Martin announced a profit-sharing deal with the U.S. government and strong Q4 results. The company reported a 9% year-over-year revenue increase to $20.3 billion in Q4 and expects 2026 revenue and profit to exceed Wall Street estimates, driven by increased production of THAAD and PAC-3 missile interceptors.
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Citigroup Maintains Neutral Rating on Lockheed Martin Corporation (LMT)
Citigroup analyst John Godyn has maintained a Neutral rating on Lockheed Martin Corporation (LMT) with a price target of $673. This reaffirmation follows a previous price target increase by Citigroup on February 5, after Lockheed Martin announced a profit-sharing deal with the U.S. government and strong Q4 results. The company reported a 9% year-over-year revenue increase to $20.3 billion in Q4 and expects 2026 revenue and profit to exceed Wall Street estimates, driven by increased production of THAAD and PAC-3 missile interceptors.