Stifel analyst Joseph DeNardi thinks the deal to acquire Orbital ATK (OA) makes sense for Northrop Grumman (NOC) given the complimentary nature of their main business lines. He also thinks other bidders seem unlikely, since he believes Lockheed Martin (LMT) would face anti-trust issues. DeNardi has a Hold rating on Northrop shares.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here