In a report released today, David E. Strauss from Barclays maintained a Buy rating on L3Harris Technologies (LHX – Research Report), with a price target of $238.00. The company’s shares closed yesterday at $210.25.
According to TipRanks, E. Strauss is a 3-star analyst with an average return of 1.4% and a 56.36% success rate. E. Strauss covers the Industrials sector, focusing on stocks such as Boeing, Spirit AeroSystems, and Textron.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for L3Harris Technologies with a $242.71 average price target, a 15.44% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $230.00 price target.
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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
