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Lockheed Martin Sees Unusually Large Options Volume (NYSE:LMT)
Lockheed Martin (NYSE:LMT) experienced unusually high call option volume, with investors buying 155,267 call options, indicating a strongly bullish sentiment that coincided with a rise in its stock price to $659.24. This activity follows mixed Q4 earnings where Lockheed missed EPS but beat revenue estimates, while institutional investors increased their stakes. Analysts maintain a “Hold” rating with a consensus target of $612.50 despite several price target upgrades.