Lockheed Martin stock jumps near a 52-week high as Truist upgrades LMT and Trump targets defense payouts
NEW YORK, January 10, 2026, 06:38 (ET) — Market closed Lockheed Martin (LMT.N) closed up 4.7% on Friday at $542.92 after Truist analyst Michael Ciarmoli upgraded the stock to “buy” and raised his price target to $605 from $500. (Barron’s) The jump comes after U.S. President Donald Trump called for a $1.5 trillion U.S. military budget in fiscal 2027, far…