In a report released on May 25, David E. Strauss from Barclays maintained a Buy rating on L3Harris Technologies (LHX – Research Report), with a price target of $225.00. The company’s shares closed yesterday at $178.76.
According to TipRanks, E. Strauss is a 2-star analyst with an average return of 0.3% and a 54.05% success rate. E. Strauss covers the Technology sector, focusing on stocks such as Boeing, General Dynamics, and L3Harris Technologies.
L3Harris Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $229.40, implying a 28.33% upside from current levels. In a report released on May 25, Jefferies also maintained a Buy rating on the stock with a $260.00 price target.
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The company has a one-year high of $252.41 and a one-year low of $175.51. Currently, L3Harris Technologies has an average volume of 1.08M.
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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:
- L3Harris Technologies to develop U.S. Air Force Common Tactical Edge Network
- L3Harris Technologies price target lowered to $222 from $241 at Baird
- L3Harris Technologies price target lowered to $234 from $240 at Credit Suisse
- L3Harris backs FY23 EPS view $12.00-$12.50, consensus $11.16
- L3Harris reports Q1 adjusted EPS $2.86, consensus $2.58
