Q1 Preview: Citigroup Remains Neutral on Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation (NYSE:LMT) is among the 12 Best Aerospace Stocks to Buy Right Now. On April 2, Citigroup expert John Godyn raised the firm’s terms people connected the banal to $675 from $673 portion maintaining a Neutral rating.

Jordan Tan / Shutterstock.com

The slope said it had adjusted estimates and terms targets crossed the aerospace and defence assemblage arsenic portion of its first-quarter preview.

Earlier connected April 1, Wells Fargo initiated sum connected the defence contractor with an Equal-Weight standing and announced a terms people of $650. In a probe enactment to investors, expert David Strauss said that the steadfast anticipates slower maturation and weaker escaped currency travel compared to peers.

Wells Fargo sees Lockheed Martin Corporation (NYSE:LMT)’s margins being pressured owed to definite fixed-price programs, with the currency pain connected these programs besides expected to compression escaped currency flow, the expert added.

As of the adjacent of concern connected April 2, Wall Street has a Hold standing connected the banal with a one-year mean stock terms people of $672.50, representing an upside of 8%.

Lockheed Martin Corporation (NYSE:LMT) is 1 of the world’s largest defence contractors. It specializes successful the research, design, and improvement of precocious exertion systems, products, and services.

While we admit the imaginable of LMT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: Donald Trump Stock Portfolio: 8 Stocks Owned by the President and 10 Best Aerospace and Defense Stocks to Buy According to Billionaires.

Disclosure: None. Follow Insider Monkey connected Google News.