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Orbital ATK Up 20% On News Of Northrop Grumman Deal
Monday, September 18, 2017 - 8:22am | 344Defense giant Northrop Grumman Corporation (NYSE: NOC) confirmed Monday it will buy Orbital ATK Inc (NYSE: OA), the maker of the Pegasus rocket and a vast array of other aerospace and defense systems, in a $7.2 billion deal. Orbital shares rocketed 19.32 percent in pre-market trading to $131.30....
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A Defense Sector Pair Trade From Goldman Sachs
Tuesday, September 8, 2015 - 1:04pm | 280Harris Corporation (NYSE: HRS) gained 5.7 percent year-to-date, while Orbital ATK Inc (NYSE: OA) and L-3 Communications Holdings, Inc. (NYSE: LLL) have declined 34 and 16 percent, respectively. Goldman Sachs' analyst Noah Poponak upgraded Harris and Orbital ATK to Buy from Neutral, while he...
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Citigroup Raises PT On Northrop Grumman To $79
Thursday, April 28, 2011 - 6:07am | 27Citigroup Has raised the price target on Northrop Grumman Corporation (NYSE: NOC) from $76 to $79 and maintains its Buy rating.
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JP Morgan Lowers PT On Northrop Grumman To $53 (NOC)
Monday, April 18, 2011 - 6:15am | 27JP Morgan has lowered the price target on Northrop Grumman (NYSE: NOC) from $59 to $53 and maintains its Neutral rating.
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UPDATE: Deutsche Bank Color On NOC PT Reduction
Friday, April 1, 2011 - 9:01am | 106Deutsche Bank, which lowered its PT on shares of Northrop Grumman Corporation (NYSE: NOC), is providing some color on the stock. “We are lowering our price target on NOC shares to $69 from $75 to account for the spinoff of Shipbuilding, which was completed yesterday,” Deutsche Bank writes. “The...
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Northrop Grumman Completes HII Spin-Off, Morgan Keegan Maintains Market Perform
Wednesday, March 30, 2011 - 8:52am | 173Morgan Keegan has published a research report on Northrop Grumman Corporation (NYSE: NOC) after the company announced it's completion of the Huntington Ingalls spin-off on March 31. In the report, Morgan Keegan writes "We expect Huntington Ingalls to have flattish revenue over the next several...
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Morgan Keegan Comments of Valuation Analysis On Northrop Grumman
Friday, March 18, 2011 - 7:28am | 152In a report published by Morgan Keegan, Northrop Grumman (NYSE: NOC) plans to spin off its Shipbuilding division by providing to current NOC shareholders one share of the new Huntington Ingalls Industries (HII) for every six shares of NOC. Morgan Keegan said that HII had pro forma revenue of $6,...
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Goldman Sachs Raises NOC Target To $61 From $54
Friday, February 11, 2011 - 10:47am | 24Goldman Sachs is raising its PT on shares of Northrop Grumman Corporation (NYSE: NOC) to $61 from $54.
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RBC Capital Changes Several Price Targets, Including SKT, SYMC, WLL And PG
Thursday, October 28, 2010 - 12:24pm | 362RBC Capital is changing the price target of the following companies: Wintrust Financial (NASDAQ: WTFC) $38 to $35 Whiting Petroleum (NYSE: WLL) $100 to $103 Visa (NYSE: V) $113 to $100 Tanger Factory Outlet Centers, Inc. (NYSE: SKT) $50 to $55 Symantec (NASDAQ: SYMC) $17 to $19 ProLogis (NYSE...