News summaryStablecoin Development / NYSE American statement, reported by TipRanksOct 9, 2026, 12:00 PM

TD Cowen lowered Lockheed Martin target to $570

LMTearningscorporate_earningsaerospacedefense

On Oct. 9, TD Cowen analyst Gautam Khanna cut LMT’s target to $570 from $600 and kept Hold in a Q3 earnings preview. The note described aerospace-sector de-rating as disorderly and cited missile-framework and ship contracts as potential backlog supports for select defense companies.