Northrop Grumman Stock Slips After Q4 Revenue Miss, Moderate FY22 Outlook; Boosts Buyback
Northrop Grumman Corp (NYSE:NOC) reported a fourth-quarter FY21 sales decline of 15% year-over-year to $8.64 billion, -10% on an organic basis,…
Wolfe Research Downgrades Northrop Grumman to Peer Perform
Wolfe Research analyst Michael Maugeri downgrades Northrop Grumman (NYSE:NOC) from Outperform to Peer Perform.
Wells Fargo Bumps Up Price Targets For Some Aerospace & Defense Companies
Wells Fargo analyst Matthew Akers raised price targets for certain Aerospace & Defense companies.
Wells Fargo Upgrades Northrop Grumman to Equal-Weight
Wells Fargo analyst Matthew Akers upgrades Northrop Grumman (NYSE:NOC) from Underweight to Equal-Weight.
Morgan Stanley’s Top Picks In Aerospace For 2022
Morgan Stanley analyst Kristine Liwag says Aerospace stocks are not pricing in recovery as sentiment is negative, and stocks are trading at about a 27% discount to normalized 2019 levels.
NASA Awards $415.6M To Three Companies For Low-Orbit Space Station Designs
NASA has signed contracts totaling $415.6 million with three companies that have been tasked with designing space stations and other space destinations which will enable the creation of a U.S.-led commercial economy in low-Earth orbit.
‘NASA awards 3 companies…contracts to develop private space stations, under the Commercial LEO Destinations project: Nanoracks – $160M, Blue Origin – $130M, Northrop Grumman – $125.6M’ -CNBC Space Reporter
https://twitter.com/thesheetztweetz/status/1466502683058130956
Revisiting Chinese Stocks On Xi’s Coronation
The West thought that capitalism would help remake China in its image. Instead, China remade capitalism in its image. Now, Xi Jinping has taken a step further by hoping to remake China his image.