More from Dividend.com
Referenced Stocks

Lockheed Martin Started as a “Buy” at Nomura Securities (LMT)

By Dividend.com,  April 13, 2011, 08:48:47 AM EDT

Defense contractor Lockheed Martin Corporation ( LMT ) on Wednesday saw its coverage intiated with a "Buy" rating by analysts at Nomura Securities.

The firm also set a $95 price target on LMT, which suggests an 18% upside to the stock's Tuesday closing price of $80.37. Lockheed stock has gained nearly 15% year-to-date, compared with a 4.5% gain in the benchmark S&P 500 Index.

Lockheed Martin shares were mostly flat in premarket trading Wednesday.

The Bottom Line
We have been recommending shares of Lockheed Martin ( LMT ) since Oct.1, 2010, when the stock was trading at $71.28. The company has a 3.73% dividend yield, based on last night's closing stock price of $80.37.

Lockheed Martin Corporation ( LMT ) is a "Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.5 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.


This article appears in: Investing, Stocks

Referenced Stocks: LMT



Latest News Video



Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%