Baird lowered the firm’s price target on L3Harris Technologies to $222 from $241 and keeps a Neutral rating on the shares. The analyst said they posted a modest print mostly in line with the Street across metrics with a strong top line that is being offset by weaker margins as supply chain and macro headwinds persist
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on LHX:
- L3Harris Technologies price target lowered to $234 from $240 at Credit Suisse
- L3Harris backs FY23 EPS view $12.00-$12.50, consensus $11.16
- L3Harris reports Q1 adjusted EPS $2.86, consensus $2.58
- LHX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- L3Harris Technologies awarded $145M contract from U.S. Space Force
