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Analysts Offer Insights on Technology Companies: L3Harris Technologies (LHX) and Wix (WIX)

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

L3Harris Technologies (LHX)

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on L3Harris Technologies yesterday and set a price target of $260.00. The company’s shares closed last Friday at $213.24.

According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 5.9% and a 54.6% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Raytheon Technologies, and Science Applications.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for L3Harris Technologies with a $247.67 average price target, which is a 16.3% upside from current levels. In a report issued on February 1, Susquehanna also maintained a Buy rating on the stock with a $255.00 price target.

See the top stocks recommended by analysts >>

Wix (WIX)

In a report released yesterday, Brent Thill from Jefferies maintained a Buy rating on Wix, with a price target of $250.00. The company’s shares closed last Friday at $119.99, close to its 52-week low of $109.03.

According to TipRanks.com, Thill is a 5-star analyst with an average return of 12.4% and a 45.5% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and Zillow Group Class C.

Currently, the analyst consensus on Wix is a Moderate Buy with an average price target of $217.17, representing a 97.0% upside. In a report issued on February 1, Needham also reiterated a Buy rating on the stock with a $175.00 price target.

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