JPMorgan upgrades this military shipbuilder, says recent decline offers a buying opportunity
The bank upgraded the military shipbuilding company to overweight from neutral in a Thursday note, although lowered its price target to $247 from $250.
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The bank upgraded the military shipbuilding company to overweight from neutral in a Thursday note, although lowered its price target to $247 from $250.
The President’s Budget Request for the Department of Defense (DOD, or department) was released on March 12, 2019, with a stated focus on maintaining the readiness gains of the services, while starting to shift focus toward modernization efforts.
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