Why Lockheed Martin Stock Keeps Going Up

Lockheed Martin stock surged 3.3% after three Wall Street analysts published positive reports. Morgan Stanley upgraded the stock to 'overweight' with a $835 price target, citing a 10-year F-35 production contract and strong missile sales. Bank of America and JP Morgan raised price targets to $620 and $665 respectively, though kept neutral ratings. Concerns remain about potential margin compression from increased F-35 production at bulk rates.