The Fly points out that stock analysts at Citigroup assumed coverage on shares of Northrop Grumman in a research report released on Thursday (NYSE:NOC). The aerospace business’s shares were given a “neutral” rating by the corporation.
On the NOC, other brokerages have also voiced their thoughts. In a research note published on Friday, October 14th, JPMorgan Chase & Co. lowered its price target on shares of Northrop Grumman from “overweight” to “neutral.” Susquehanna increased their price target on the Northrop Grumman stock from $530.00 to $560.00 and rated the stock with a “positive” outlook in a research note on the company’s stock that was published on Wednesday, August 31st. The research price target set by The Credit Suisse Group for Northrop Grumman shares has been increased to $575.00.