Lockheed Martin (NYSE:LMT) Trading Up 2.3% - What's Next?

Lockheed Martin (NYSE:LMT) shares climbed 2.3% to $601.67, with trading volume slightly below average. Analysts generally maintain a "Hold" rating with a consensus price target of $626.33, despite mixed revisions. The company recently reported strong quarterly earnings, beating estimates with $7.94 EPS and $20.06 billion in revenue, and declared a quarterly dividend of $3.45.