Several analysts recently weighed in on LMT shares. UBS Group dropped their price target on Lockheed Martin from $498.00 to $453.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. Alembic Global Advisors raised Lockheed Martin from a "neutral" rating to an "overweight" rating in a report on Thursday, August 28th. Wall Street Zen cut shares of Lockheed Martin from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. TD Cowen restated a "hold" rating and issued a $480.00 price target (down from $500.00) on shares of Lockheed Martin in a research note on Thursday, July 10th. Finally, Truist Financial lowered shares of Lockheed Martin from a "buy" rating to a "hold" rating and lowered their price target for the stock from $554.00 to $440.00 in a research report on Wednesday, July 23rd.