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Fly News Breaks for January 29, 2016
LMT
Jan 29, 2016 | 09:23 EDT
Noting that Lockheed Martin's stock is 9% off its 52-week high, Argus expects the company to benefit from increased geopolitical tensions going forward. The firm says that the company usually beats expectations, and it thinks that the stock's valuation is "reasonable." It keeps a $230 price target and Buy rating on the shares.