Northrop Grumman Corp. NOC

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Northrop Grumman is set to announce its third-quarter results in October, with analysts projecting single-digit decline in its bottom-line figure.

Moderna falls after Citi downgrades shares to Sell from Hold, saying its recent rally has gone too far.

It’s a nice win for the company, but it won’t give shares the boost investors want—that will take improvement in the company’s commercial airplanes business—but a win is a win. “It’s an honor to be selected to produce the Navy’s first sixth–generation platform,” said Steve Parker, president and chief executive officer, Boeing Defense, Space & Security, in a news release. Boeing was up against Northrop Grumman in the Navy competition.

Northrop Grumman has seen its share price slip in recent months, yet over a longer stretch it has still delivered a solid gain. This puts the spotlight squarely on what investors are paying for its future cash flows. With new defense and space contracts in the headlines, the key issue is whether the current US$504.61 price fairly reflects the cash the business is expected to generate. Over the past 5 years, Northrop Grumman has produced a 48.0% total return. Anyone looking at the stock today...

JPMorgan maintained an 'Overweight' rating and $290 price target on BA stock, calling the Navy fighter win 'truly important' while pointing to commercial production and cash flow per plane as longer-term financial metrics.

Firefly is burning cash but boasts a $1.4B backlog; GE Aerospace generates $7.3B in free cash flow annually. Growth versus stability, which fits your risk tolerance?

Boeing shares jumped while Northrop Grumman fell after the aerospace giant secured a massive U.S. Navy fighter contract.

Boeing stock jumped on Wednesday after scoring a $20 billion contract for the Navy's next-generation fighter jet.

Boeing Wins $20 Billion F/A-XX Deal, Adding Another Major Defense Program

Boeing (NYSE:BA) has been selected to develop the U. S.

Boeing Co. has been awarded a massive contract exceeding $20 billion to develop the U.S. Navy's next-generation F/A-XX stealth fighter, beating out competitor Northrop Grumman Corp.

GE Aerospace (GE) stock trades at an earnings multiple of 36.9, compared to 22.1 for the S&P 500. That's steep for a company like GE and needs justification. While management highlights that adjusted revenue has grown at least 20% in each of the last five quarters, that the high valuation assumes uninterrupted expansion. Yet in July, management acknowledged that demand is no longer the main driver of services growth. And that raises the question: Is GE Aerospace stock riskier than it looks.