Northrop Grumman (NOC -2.4%) dips after Bernstein cuts shares to Market Perform on valuation,...


Northrop Grumman (NOC -2.4%) dips after Bernstein cuts shares to Market Perform on valuation, seeing little further upside with coming federal budget cuts and a relatively flat revenue outlook.
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  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    Fact: Aerospace bodies have been piling up at the UI Office for well over a month now.

     

    Conclusion: Aerospace/defense is looking like a disaster area in slow motion.
    7 Jul 2011, 03:02 PM Reply Like
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