Citigroup Gets More Bullish on the Aerospace/Defense Sector (BA, RTN, NOC)

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An analyst at Citigroup on Thursday boosted his ratings on a few key Aerospace/Defense sector names.

Each of these stocks was upgraded from "Hold" to "Buy":

  • Boeing ( BA ) - price target raised from $73 to $80 (stock closed at $64.75 on Wednesday).
  • Raytheon ( RTN ) - price target lowered from $61 to $60 (stock closed at $48.57 on Wednesday).
  • Northrop Grumman ( NOC ) - price target maintained at $69 (stock closed at $56.99 on Wednesday).

The Bottom Line
Shares of BA have a dividend yield of 2.59%, based on last night's closing stock price of $64.75.
Shares of RTN have a dividend yield of 3.09%, based on last night's closing stock price of $48.57.
Shares of NOC have a dividend yield of 3.30%, based on last night's closing stock price of $56.99.


All three dividend stocks mentioned in this article are currently rated "neutral," holding Dividend.com DARS™ Ratings of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Created by Dividend.com


This article appears in: Investing , Stocks

Referenced Stocks: BA , NOC , RTN

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