Lockheed seals services deal with Leidos, forecasts profit below view
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RBC Capital Cuts Price Target on United Technologies (UTX); Margins Make up for 4Q Sales Miss
January 28, 2016 7:25 AM ESTRBC Capital maintained a Sector Perform rating on United Technologies (NYSE: UTX), and cut the price target to $100.00 (from $104.00), following the company's 4Q earnings report. Adjusted EPS of $1.53 was in line with consensus, although sales of $14.65B were 4 5% below estimates, with the difference... More
RBC Capital Reiterates Outperform Following Lockheed Martin's (LMT) 4Q and Announced Leidos Combination
January 27, 2016 7:19 AM ESTRBC 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
