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Rakuten Investment Management increases Lockheed Martin stake after earnings beat

Lockheed Martin logoLockheed Martin
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Rakuten Investment Management increased its Lockheed Martin stake by 10.2% in the second quarter, according to a 13F filing. Lockheed Martin reported quarterly EPS of $7.94, beating the $7.22 consensus. Analysts also raised price targets and maintained positive ratings, with several firms lifting targets after the earnings release.

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