Lockheed Martin (LMT) shares rose 1.2% in premarket trading Monday after Morgan Stanley upgraded the defense contractor to Overweight from Equal Weight, citing reduced uncertainty surrounding its F-35 fighter jet program and opportunities for growth in missile production.
Gains Lockheed Martin as Morgan Stanley Upgrades Stock on F-35 Deal
Lockheed Martin (LMT) shares rose 1.2% in premarket trading Monday after Morgan Stanley upgraded the defense contractor to Overweight from Equal Weight, citing reduced uncertainty surrounding its F-35 fighter jet program and opportunities for growth in missile production.