Deutsche Bank analyst Scott Deuschle raised the firm’s price target on L3Harris Technologies (LHX) to $229 from $212 and keeps a Hold rating on the shares. The firm changed ratings in the defense sector as part of a Q2 earnings preview. U.S. defense “will again be a mixed bag this earnings season,” the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LHX:
- Trump Trade: Fannie, Freddie ordered to explore crypto as federal mortgage asset
- Trump looks to buy more missiles, drones in budget request, Reuters says
- NATO Allies commit to invest 5% of GDP annually on core defense requirements
- Sector Spotlight: Boeing predicts airplane supply will catch up with demand
- Trump Weekly: FT details Zuckerberg transformation into ‘MAGA Mark’
