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

Rating:
Mkt Perform
LMT
down 16.79 %

Lockheed Martin Corporation (LMT) downgraded to Mkt Perform with price target $73 by Morgan Keegan

Posted on: Monday,  Jan 3, 2011  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Mkt Perform Lockheed Martin Corporation (NYSE: LMT) on 01/03/2011. Previously Morgan Keegan rated Outperform Lockheed Martin Corporation (NYSE: LMT)
on 06/02/2009., when the stock price was $84.37. Since then, Lockheed Martin Corporation has lost 16.80% as of 01/03/2011's recent price of $70.20.
If you would have followed the previous Morgan Keegan's recommendation on LMT, you would have lost 16.79% of your investment in 580 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.

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2011 8:25 AM Hold
None
70.20 73.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  0.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/2/2009 8:25 AM Buy
None
84.37

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