Northrop Grumman shares hit 52-week low as RBC cuts target to $525
AI Summary- RBC Capital Markets lowered Northrop Grumman’s rating to Sector Perform and cut its price target to $525.
- Northrop shares reached $470.06 before ending near $476.45, down approximately 1%.
- Northrop’s second-quarter adjusted EPS reached $7.68, exceeding the $6.82 consensus estimate.