Bernstein Downgrades BAE Systems to Market Perform, Lowers PT

08:33 AM EST, 01/06/2026 (MT Newswires) -- Bernstein on Tuesday downgraded aerospace and defense company BAE Systems (BA.L) to market perform from outperform and decreased its price target to 19.50 pounds sterling from 22.50 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)