Morgan Stanley Just Turned Bullish on Lockheed Martin After a Big Pentagon Deal

Impact · against what's priced in

Lockheed Martin's price is likely to rise as the F-35 framework agreement and record backlog provide the concrete evidence of revenue acceleration that the market had previously declined. While the F-35 deal remains nonbinding, it directly challenges the market's skeptical 5.7% CAGR assumption by derisking a core 20-30% revenue stream.

LMT+0.60

Challenges what's priced in

The price assumes