Citi raised the firm’s price target on L3Harris Technologies (LHX) to $280 from $245 and keeps a Buy rating on the shares. The firm updated price targets in aerospace and defense to reflect recent acquisition activity, recent wins, and more supportive legislation.
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:
- Defense tech startup Anduril raises $2.5B in new funding round, TechCrunch says
- Cathie Wood’s ARK Investment buys 5.9K shares of L3Harris Technologies today
- L3Harris Technologies price target raised to $270 from $240 at TD Cowen
- L3Harris pays U.S. $62M to settle False Claims Act allegations
- L3Harris breaks ground on construction of five solid rocket motor facilities