Analyst Downgrade and Price Target Adjustment - Deutsche Bank analysts downgraded Lockheed Martin stock from Buy to Hold with a price target of $523, representing a 14% reduction from the previous target [1] - The downgrade was influenced by China's progress in developing a 6th-generation fighter jet, which could impact Lockheed Martin's competitive position in the defense sector [1] Investment Research Service Overview - The Aerospace Forum is a leading aerospace, defense, and airline investment research service on Seeking Alpha, offering access to evoX Data Analytics, an in-house developed data analytics platform [1] - The service aims to uncover investment opportunities in the aerospace, defense, and airline industries, leveraging data-driven analysis and industry expertise [1] Analyst Background and Methodology - Dhierin, the lead analyst, has a background in aerospace engineering and provides detailed analysis of the aerospace and defense industry, focusing on growth prospects and investment implications [1] - The investment ideas are based on data-informed analysis, with direct access to data analytics monitors provided to subscribers [1]
Lockheed Martin: China Sixth Generation Fighter And F-35 Risk Is Overblown