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RBC's Stallard Slowing Down On Military Defense Sector, Downgrades Northrop To Sector Perform
Thursday, May 19, 2016 - 10:25am | 204Read More...Northrop Grumman Corporation (NYSE: NOC) has been downgraded from Outperform to Sector Perform by RBC Capital Markets' Robert Stallard. The analyst did not change the $222 price target. The downgrade from Stallard comes as he "takes a breather" from a ten-year valuation peak. The valuation peak is...
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Despite Lockheed's Decade-High Valuation, RBC Downgrades On Expected Slowdown
Thursday, May 19, 2016 - 9:16am | 210Read More...RBC Capital Markets' Robert Stallard downgraded Lockheed Martin Corporation (NYSE: LMT) from Outperform to Sector Perform with an unchanged price target of $244. However, Stallard changed the valuation due to the strong performance of the stock. Lockheed is at its "highest valuation that we have...
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RBC Downgrades KEYW Holding
Monday, February 29, 2016 - 9:46am | 239Read More...RBC Capital Markets’ Robert Stallard downgraded the rating for KEYW Holding Corp. (NASDAQ: KEYW) from Outperform to Sector Perform, while reducing the price target from $11 to $7. KEYW Holding reported better-than-expected 4Q15 sales of $80.7 million and EBITDA of $4.1 million, driven by...
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RBC On Boeing: Is The Emperor Naked?
Friday, February 12, 2016 - 11:46am | 351Read More...Shares of Boeing Co (NYSE: BA) tumbled on Thursday following reports that the company faces an SEC investigation. Robert Stallard of RBC Capital Markets maintained a Sector Perform rating on Boeing with a price target lowered to $128 from a previous $135. Stallard not that the SEC is now...
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Market's Fears On Air Lease 'Substantially Overdone,' RBC Reiterates Stock As Top Pick
Tuesday, February 9, 2016 - 11:57am | 256Read More...RBC Capital Markets recently issued a report on Air Lease Corp (NYSE: AL) after investor meetings with senior company management alleviated concerns of share underperformance in January. Currently, analysts at RBC rate Air Lease as a Top Pick with a $70 price target. Jason Arnold and Robert...
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RBC Hikes Lockheed Martin To Outperform, Sees Major Upside In 2017
Wednesday, January 6, 2016 - 3:13pm | 272Read More...RBC Capital Markets on Wednesday issued a company report on Lockheed Martin Corporation (NYSE: LMT) after reports that the Department of Defense FY16 budget outcome was better than expected. RBC Capital Markets upgraded Lockheed Martin to Outperform and raised their price target from $220 to $250...
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RBC Downgrades United Technologies; Stock Falls
Tuesday, October 13, 2015 - 1:13pm | 391Read More...RBC Capital Markets downgraded United Technologies Corporation (NYSE: UTX) from Outperform to Sector Perform on Tuesday. The firm also trimmed its price target on the stock from $113.00 to $110.00. Shares of United Technologies are down more than 1 percent on Tuesday trading. In a report issued...
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The Case For Raytheon To Be The Top Defense Stock
Thursday, September 17, 2015 - 11:00am | 278Read More...Raytheon Company (NYSE: RTN) shares are down 3 percent over the last six months, after crossing the $112 mark on March 20. RBC Capital Markets’ Robert Stallard upgraded the company from Outperform to Top Pick, while maintaining the price target at $132. Share gains and export wins...
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RBC Upgrades General Dynamics On Valuation, Fundamentals
Wednesday, March 25, 2015 - 2:19pm | 207Read More...General Dynamics Corporation (NYSE: GD) shares are undervalued relative to peers and its lagging stock price suggests a wise investment, an analyst said Wednesday. The defense contractor's shares are up about 2 percent year-to-date versus 7.6 percent for the S&P Aerospace & Defense Select...
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Boeing's Q2 Beat Blemished By $450 Million Tanker Charge
Wednesday, July 23, 2014 - 4:14pm | 213Read More...Boeing (NYSE: BA) shares trended down Wednesday as investors looked beyond its second-quarter earnings beat to a $450 million charge for developing a military refueling aircraft. “It's worrying that Boeing took a charge of this magnitude this early in a long-term project," RBC...
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Yet Another Problem With Boeing's 787 Dreamliner (BA)
Thursday, August 15, 2013 - 1:08pm | 507Read More...Pardon Boeing (NYSE: BA) if the company is starting to feel like part of a Saturday Night Live skit featuring the late Gilda Radner’s famous character, Roseanne Roseannadanna. “It’s always something. If it ain’t one thing, it’s another,” Roseanne would whine while winding her way through one of...
