Northrop Grumman (NYSE:NOC) Hits New 12-Month Low - Here's Why

Northrop Grumman downgraded at RBC on lower growth outlook; Arxis upgraded (NOC:NYSE)

Northrop Grumman upgraded at RBC Capital, which said that while the company has demonstrated better execution than peers, comparable growth will not justify a valuation premium.

Northrop Grumman (NYSE:NOC) Hits New 12-Month Low - Here's Why

Northrop Grumman (NYSE:NOC) Sets New 1-Year Low - What's Next?

RBC Downgrades Northrop Grumman (NOC) to Sector Perform, Cuts Price Target by $115

Northrop Grumman (NOC) dropped to a 52-week low after RBC's downgrade. Explore the analyst concerns and earnings performance behind the decline.

Northrop Grumman (NOC) Stock Slides as Analyst Warns of Growth Slowdown

TLDR Northrop Grumman (NOC) stock fell to a new 52-week low of $470.06 before closing around $476.45, down about 1%. RBC Capital Markets downgraded the stock to Sector Perform from Outperform and cut its price target to $525 from $640. Analysts still hold a consensus “Moderate Buy” rating with an...