Why Lockheed Martin Stock Soared While the Market Sagged Today
Lockheed Martin(LMT) The Motley Fool·2025-04-16 21:14An analyst's bullish new note on Lockheed Martin (LMT 1.68%) and the wider U.S. defense sector provided lift to the company's stock on an otherwise bearish Wednesday trading session. Lockheed Martin's shares closed the day almost 2% higher in price, providing quite the contrast to the tumbling S&P 500's (^GSPC -2.24%) 2.2% decline.An industry maneuvering for growthThe analyst in question was Kristine Liwag of veteran white-shoe investment bank Morgan Stanley. Well before market open that day, Liwag changed ...