Lockheed Martin Corporation (LMT) Upgraded to Buy at Citigroup

Market Context

Lockheed Martin Corporation operates in the Industrials sector. The stock currently trades at $517.70 with a market capitalization of $111.1B. The stock has gained 2.9% over the past 52 weeks.

Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. Citigroup's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Lockheed Martin Corporation

Among the 10 most recent ratings: 1 Buy, 9 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 01, 2026	Citigroup	Buy	N/A
May 18, 2026	Citigroup	Neutral	N/A
Apr 24, 2026	Morgan Stanley	Equal-Weight	N/A
Apr 24, 2026	Susquehanna	Positive	N/A
Apr 24, 2026	RBC Capital	Sector Perform	N/A

Related Tools: Analyst Ratings Dashboard | View LMT Stock Page