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Analysts Offer Insights on Technology Companies: L3Harris Technologies (LHX) and Spotify Technology SA (SPOT)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on L3Harris Technologies (LHXResearch Report) and Spotify Technology SA (SPOTResearch Report) with bullish sentiments.

L3Harris Technologies (LHX)

Raymond James analyst Brian Gesuale maintained a Buy rating on L3Harris Technologies today and set a price target of $290.00. The company’s shares closed last Friday at $235.13.

According to TipRanks.com, Gesuale is a 5-star analyst with an average return of 16.9% and a 68.6% success rate. Gesuale covers the Technology sector, focusing on stocks such as Caci International, IPG Photonics, and Cerence.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for L3Harris Technologies with a $271.23 average price target.

See the top stocks recommended by analysts >>

Spotify Technology SA (SPOT)

Morgan Stanley analyst Benjamin Swinburne maintained a Buy rating on Spotify Technology SA today and set a price target of $170.00. The company’s shares closed last Friday at $104.47, close to its 52-week low of $95.22.

According to TipRanks.com, Swinburne is a 4-star analyst with an average return of 8.7% and a 55.4% success rate. Swinburne covers the Services sector, focusing on stocks such as Madison Square Garden Entertainment, Interpublic Group of Companies, and Endeavor Group Holdings Inc.

Spotify Technology SA has an analyst consensus of Moderate Buy, with a price target consensus of $164.32, implying a 61.0% upside from current levels. In a report issued on April 18, Evercore ISI also maintained a Buy rating on the stock with a $300.00 price target.

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