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Enter Symbol:
 
Lockheed Martin Corporation (LMT) [hlAlert]

Rating:
Hold LMT
down 5.32 %

Lockheed Martin Corporation (LMT) downgraded to Hold by Collins Stewart

Posted on: Wednesday,  Oct 21, 2009  8:25 AM ET by Collins Stewart

Collins Stewart rated Hold Lockheed Martin Corporation (NYSE: LMT) on 10/21/2009. Previously Collins Stewart rated Buy Lockheed Martin Corporation (NYSE: LMT) on
02/12/2009., when the stock price was $75.35. Since then, Lockheed Martin Corporation has lost 5.32% as of 10/21/2009's recent price of $71.34.
If you would have followed the previous Collins Stewart's recommendation on LMT, you would have lost 5.32% of your investment in 251 days.

Lockheed Martin Corporation is a global security company that is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems and products. The Company provides a range of management, engineering, technical, scientific, logistic and information services. It serves both domestic and international customers with products and services that have defense, civil and commercial applications, with its principal customers being agencies of the United States Government. The Company operates in four segments: Electronic Systems, Information Systems and Global Services (IS&GS), Aeronautics and Space Systems. In September 2008, Lockheed Martin Corporation acquired Aculight Corporation. In January 2009, the Company completed its acquisition of Universal Systems & Technology, Inc. (UNITECH).In August 2009, the Company completed its acquisition of Gyrocam Systems LLC.

Collins Stewart's research department is built around a number of sector-specialist teams. Our analysts are leaders in their area of specialisation and combine deep industry knowledge with decades of stock broking experience to produce insightful, independent sector research. Our research approach encompasses Questâ„¢ principles and focuses on cash-driven valuation techniques. Research is a Collins Stewart cornerstone; it is leveraged throughout the organisation.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2009 8:25 AM Hold
None
71.34
as of 12/31/2009
1 Week   
1 Month   
3 Months down  -8.63 %
1 YTD down  -5.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2009 8:25 AM Buy
None
75.35 100.00

(*) Stock Price at the time of the recommendation.
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