In a report released on January 26, Kenneth Herbert from RBC Capital maintained a Buy rating on L3Harris Technologies (LHX – Research Report), with a price target of $245.00. The company’s shares closed last Friday at $209.21.
According to TipRanks, Herbert is a top 100 analyst with an average return of 18.3% and a 63.14% success rate. Herbert covers the Industrials sector, focusing on stocks such as Boeing, General Dynamics, and L3Harris Technologies.
In addition to RBC Capital, L3Harris Technologies also received a Buy from Wells Fargo’s Matthew Akers in a report issued on January 25. However, yesterday, Goldman Sachs maintained a Sell rating on L3Harris Technologies (NYSE: LHX).
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The company has a one-year high of $214.00 and a one-year low of $159.28. Currently, L3Harris Technologies has an average volume of 1.29M.
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L3Harris Technologies (LHX) Company Description:
L3Harris Technologies, Inc. is a technology-oriented aerospace and defense company that provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. The company was formed following the merger of Harris Corporation and L3 Technologies in June 2019.
Read More on LHX:
- Northrop named Top Defense Pick at Morgan Stanley after ‘clearing event’
- L3Harris sees FY24 Space & Airborne Systems revenue $6.9B-$7.1B
- L3Harris reports Q4 adjusted EPS $3.35, consensus $3.31
- L3Harris Technologies options imply 3.0% move in share price post-earnings
- Notable companies reporting after market close
