L3Harris Technologies price target raised to $384 from $364 at Truist

Truist analyst Michael Ciarmoli raised the firm’s price target on L3Harris Technologies (LHX) to $384 from $364 and keeps a Buy rating on the shares. The company’s upcoming investor day on February 25 will prove to be a catalyst, shedding more light on its strategy, new segment structure, more detailed overview of the DoW’s $1B investment and related missile spin along with updated 3-year financial targets, the analyst tells investors in a research note. A strong global demand environment should drive an above 1.1 book-to-bill in 2026 while supporting accelerating revenue growth, the firm added.