Lockheed Martin (NYSE:LMT) Shares Gap Down - Here's What Happened

Market Beat
2025.04.18 16:45
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Lockheed Martin (NYSE:LMT) shares gapped down from $477.08 to $461.64 before trading at $457.22. Recent analyst reports have downgraded the stock, with Melius Research lowering it to 'hold' and Barclays reducing the price target from $565 to $515. The average rating is 'Hold' with a target of $539.93. The company reported $7.67 EPS, beating estimates, and announced a quarterly dividend of $3.30. Insider selling has occurred, with significant shares sold recently. Institutional investors have also adjusted their positions in the stock.