BofA raised the firm’s price target on L3Harris Technologies (LHX) to $350 from $315 and keeps a Buy rating on the shares. The company’s “LHX NeXt” transformation continues to yield strong results and the firm sees upside ahead with Book-to-Bill in the quarter of 1.2-times and the company aligned to both U.S. and European defense strategic priorities, the analyst tells investors.
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