RBC Downgrades Northrop Grumman, Cuts Price Target to $525

Key Facts

1RBC downgraded Northrop Grumman (NOC) from Outperform to Sector Perform.

2The bank lowered its price target for the company's shares from $640 to $525.

RBC downgraded Northrop Grumman (NOC) from Outperform to Sector Perform. MarketScreener reported that the bank lowered its price target for the company's shares from $640 to $525, reflecting a significant revision in valuation expectations.

The downgrade follows a revised outlook for the company's future performance within the defense sector. NOC closed at $482 on October 1, 2026, after trading between a session high of $486.82 and a low of $481.4.