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Fly News Breaks for June 21, 2018
NOC
Jun 21, 2018 | 08:24 EDT
After meeting with management, Jefferies analyst Sheila Kahyaoglu says Northrop Grumman remains her top defense pick. Acquisition planning should allow Northrop to "hit the ground running" with the integration of Orbital ATK, Kahyaoglu tells investors in a research note. She believes the space business presents the biggest synergy opportunity and keeps a Buy rating on Northrop with a $400 price target.
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