+16% vs analyst target · new source · 3 agree · 0 dissent
Why BUY: Baird upgrades Northrop to Outperform, PT $675 from $552, after a Q3 beat ($7.89 vs $7.18), a raised guide and record backlog.
⚠ The stock jumped ~4.6% Tuesday on the print, and sales guidance was left unchanged; defense names have run hard.