Israel-Iran Feud on the Rise: What Does This Mean for Lockheed?

Key Takeaways LMT rose 3.6% on June 13 after news of Israel's strike on Iran sparked renewed war concerns. Lockheed supplies Israel with F-35s, MLRS, and other defense gear, supporting demand amid conflict. Analysts' high price target of $670 for LMT reflects a 43% upside over its average Zacks estimate.The long-standing conflict between Israel and Iran escalated recently, with both sides reportedly involved in missile and drone exchanges that caused casualties and property damage. While such hostilities ...