Lockheed Martin Stock Rises After Analyst Upgrade

Shares of the aerospace and defense company climb 2.4% following a price target increase.

Apr. 1, 2026 at 9:12pm

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Lockheed Martin Corporation's (NYSE: LMT) stock price rose 2.4% on Wednesday after Citigroup raised their price target on the stock from $673.00 to $675.00. Citigroup currently has a neutral rating on the stock. Lockheed Martin traded as high as $619.10 and last traded at $618.6270, with approximately 1,104,061 shares traded during mid-day trading, a decline of 41% from the average daily volume.

Why it matters

Lockheed Martin is one of the largest defense contractors in the world, with a focus on military aircraft, missile and fire-control systems, missile defense, space systems, and satellite technologies. Analyst upgrades and price target changes can significantly impact the stock price and investor sentiment around the company.

The details

Several other equities research analysts also recently commented on Lockheed Martin stock. UBS Group boosted their target price from $580.00 to $663.00 and gave the company a "neutral" rating. Wall Street Zen cut shares from a "strong-buy" rating to a "buy" rating. DZ Bank downgraded shares from a "buy" rating to a "hold" rating and set a $665.00 price target. Morgan Stanley set a $675.00 price target on the shares.

  • Lockheed Martin stock rose 2.4% on Wednesday, April 1, 2026.

The players

Lockheed Martin Corporation

A global aerospace and defense company that designs, develops, and manufactures advanced technology systems for government and commercial customers.

Citigroup

A multinational investment bank and financial services corporation that raised its price target on Lockheed Martin stock.

UBS Group

A global investment bank and financial services company that boosted its price target and maintained a "neutral" rating on Lockheed Martin.

Wall Street Zen

An equities research firm that downgraded Lockheed Martin from a "strong-buy" rating to a "buy" rating.

DZ Bank

A German bank that downgraded Lockheed Martin from a "buy" rating to a "hold" rating and set a $665.00 price target.

Morgan Stanley

A global investment bank that set a $675.00 price target on Lockheed Martin shares.

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The takeaway

Analyst upgrades and price target changes can significantly impact the stock price and investor sentiment around Lockheed Martin, one of the world's largest defense contractors. The company's diverse portfolio of military aircraft, missile systems, and space technologies make it a closely watched stock in the aerospace and defense industry.