Morgan Stanley analyst Kristine Liwag maintained a Hold rating on L3Harris Technologies (LHX – Research Report) today and set a price target of $250.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Kristine Liwag’s rating is based on a blend of positive and cautious factors regarding L3Harris Technologies’ future performance. The company has provided a promising outlook for 2025, projecting sales growth and improvements in operating margins, along with a solid strategy for cost savings that could enhance margins by 2026. Additionally, the company plans to repurchase a significant amount of its stock, which is a positive signal to investors.
However, there are concerns about the challenges in achieving the ambitious revenue targets set for 2026, especially considering the potential impact of the CAS divestiture. While management sees potential opportunities in areas like DOGE, there is uncertainty about whether these will ultimately benefit the company as expected. These mixed factors led Kristine Liwag to maintain a Hold rating, reflecting a balanced view of potential growth against the inherent risks.
Liwag covers the Industrials sector, focusing on stocks such as Boeing, FTAI Aviation, and General Dynamics. According to TipRanks, Liwag has an average return of 11.1% and a 58.80% success rate on recommended stocks.
In another report released on January 31, UBS also maintained a Hold rating on the stock with a $237.00 price target.