Northrop Grumman Stock Forecast: On the Rebound
The article was written by Whitney Su, a Financial Analyst at I Know First.
Summary:
- Northrop Grumman is currently priced at $325.25. NOC stock has been on an upward trend since reaching a low of $235.24 in December 2018.
- Escalating tensions in the Persian Gulf allow defense sector companies like Northrop Grumman to upgrade military equipment.
- Northrop Grumman is consistently looking to the future of warfare, currently working on a $200 million contracted partnership with Raytheon on hypersonic technology.
- Current bullish I Know First long-term forecast for Northrop Grumman.