Deutsche Bank raised price targets for seven big names in the defense space. Below is a summary of the company's ratings and price targets mentioned in the report.
Huntington Ingalls Industries Inc (NYSE: HII): Buy; $157 target
General Dynamics Corp (NYSE: GD): Buy; $166 target
Level 3 Communications Inc (NYSE: LVLT): Buy; $145 target
Northrop Grumman Corp (NYSE: NOC): Buy; $179 target
The Boeing Company (NYSE: BA): Buy; $175 target
Lockheed Martin Corp (NYSE: LMT): Hold; $220 target
Raytheon Co (NYSE: RTN): Hold; $120 target
Wow we have a chance to buy a stock that used to trade for over $100 a share, for under $4 pre split. then just sit back and watch it go, as it produces more free cash flow each quarter, quarter after quarter! Right now is the sweet spot. anyone that bought many years ago, its time to average down right now! Anyone that has bought since the big fall CHA-CHING!!!