** Deutsche Bank downgrades rating of defense contractor Lockheed Martin to "hold" from "buy"
** Brokerage says LMT's Q3 results contradict its upgraded thesis and long-term outlook for F-35 fighter jet orders is challenging, given China's recent advancements in combat aircraft
** 12 brokerages rate the stock "buy" or higher, 11 "hold" and 1 "sell"; their median PT is $605 - LSEG data
** Stock rose 6.5% in 2024
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
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