Bank of America Adjusts Lockheed Martin Stock Price Forecast After Earnings
Lockheed Martin (LMT) shares fell 4.6% after its Q1 2026 earnings report, underperforming the S&P 500. Bank of America maintained a Neutral rating but cut its price target to $600 from $660, citing visibility issues with classified programs and cash flow concerns.
Topics: Bank of America Defense Industry Earnings Report Lockheed Martin Stock Price Forecast