Lockheed Martin (NYSE:LMT) Trading Up 2.7% - Here's Why

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Lockheed Martin (NYSE:LMT) shares rose 2.7% during mid-day trading following a revenue beat in its latest quarterly results, despite an EPS miss. Analysts have increased their price targets for LMT, though MarketBeat’s consensus rating remains “Hold” with an average target of $612.50. The company also declared a quarterly dividend of $3.45 per share, representing a 2.1% yield.

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