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China, Lockheed Martin and Deutsche Bank
Lockheed Martin lowered at Deutsche Bank, worried about China and F-35 sales
Lockheed Martin (NYSE:LMT) -0.6% in Thursday's trading as Deutsche Bank downgrades shares to Hold from Buy with a $523 price target, cut from $611, citing doubts about F-35 sales because of China's progress in developing jet fighters.
Deutsche Bank's Premature Downgrade of Lockheed Martin Amid China's Advancements
Lockheed Martin continues to secure major defense contracts, indicating ongoing client trust and a strong position in the defense industry.
China hits Lockheed Martin, Raytheon and Boeing with export ban after US arms sales to Taiwan
Taiwan last month received a batch of 38 advanced Abrams battle tanks from the US in a significant boost to the island’s land defence capabilities. Another 42 tanks, considered the heaviest in the world, are due to be delivered this year, and 28 the year after.
Lockheed Martin downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Lockheed Martin (LMT) to Hold from Buy with a price target of $523, down from $611. The firm says its lost conviction
14h
Lockheed Martin Corp. stock outperforms competitors despite losses on the day
Shares of Lockheed Martin Corp. LMT shed 0.09% to $481.82 Friday, on what proved to be an all-around favorable trading ...
Hosted on MSN
1d
Lockheed Martin Secures $11.7 Billion Contract for 145 More F-35 Fighters
The Pentagon awarded Lockheed Martin a contract for 145 F-35 Lightning II stealth fighter jets worth almost $12 billion. An ...
8m
Guess Who's Building America's New Doomsday Plane?
The end of the calendar year also, however, coincides with the end of another fiscal quarter for the government. And for ...
The Aviationist on MSN
2d
Lockheed Martin Awarded ‘Undefinitized’ Contract for 145 F-35s Worth $11 Billion
The contract comes after Lockheed Martin said in October that it was internally funding the F-35 production line while ...
1d
China punishes dozens of U.S. companies, including 10 for arms sales to Taiwan
China's Ministry of Commerce Thursday targeted dozens of American companies for punitive trade actions as U.S.-China tensions ...
1d
Lockheed Martin, Boeing Defense Among 45 US Entities Penalised By China
China has escalated its counter-offensive against the United States by intensifying its sanctions on American defence firms.
Interesting Engineering on MSN
23h
China imposes sanctions against US defense giants as Trump set to take office
China's Ministry of Commerce added 28 entities to its export control list to "safeguard national security and interests".
3d
on MSN
Is Lockheed Martin Corporation (LMT) the Best Dividend Stock of 2024?
We recently compiled a list of the Top 20 Dividend Stocks of 2024. In this article, we are going to take a look at where ...
2d
China adds 10 US firms to unreliable entity list for participating in arms sales to Taiwan region: MOFCOM
China's Ministry of Commerce (MOFCOM) on Thursday added 10 US companies including Lockheed Martin Missiles and Fire Control, ...
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