Bernstein raised the firm’s price target on L3Harris Technologies (LHX) to $405 from $398 and keeps an Outperform rating on the shares. The firm notes L3Harris reported Q4 earnings on January 29, beating consensus EPS, plus a large backlog increase. Consistent with guidance, Bernstein has slightly lowered its EPS estimate for 2026 on a higher share count, but increased its longer-term estimates.
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