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Goldman Sachs Keeps Their Hold Rating on Northrop Grumman (NOC)

Tipranks - Tipranks - Tue Jul 28, 7:50AM CDT

In a report released today, Noah Poponak from Goldman Sachs maintained a Hold rating on Northrop Grumman, with a price target of $538.00.

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In addition to Goldman Sachs, Northrop Grumman also received a Hold from Jefferies’s Sheila Kahyaoglu in a report issued yesterday. However, on July 24, Wells Fargo maintained a Buy rating on Northrop Grumman (NYSE: NOC).

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Based on Northrop Grumman’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $10.88 billion and a net profit of $1.09 billion. In comparison, last year the company earned a revenue of $10.35 billion and had a net profit of $1.17 billion

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