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RBC Capital Reiterates Outperform Following Lockheed Martin's (LMT) 4Q and Announced Leidos Combination

January 27, 2016 7:19 AM EST

RBC Capital maintained an Outperform rating on Lockheed Martin (NYSE: LMT), and cut the price target to $244.00 (from $250.00), following the company's 4Q earnings report. Lockheed Martin posted 4Q15 EPS of $3.01, ahead of consensus at $2.94. In conjunction with the 4Q results, Lockheed announced... More