‘DOGE’ fears shouldn’t hurt defense contractors Northrop Grumman and Lockheed, one analyst says
Elon Musk’s Department of Government Efficiency (DOGE) won’t impact these big defense contractors during a dangerous time, Truist analysts said.
Truist starts on defense stocks Northrop and Lockheed with buy
Truist Securities initiated coverage on Northrop Grumman Corporation (NYSE:NOC) and Lockheed Martin Corporation (NYSE:LMT), rating both stocks "Buy" as recent pullbacks provides compelling entry ...