Wells Fargo analyst Matthew Akers raised the firm’s price target on L3Harris Technologies to $211 from $209 and keeps an Overweight rating on the shares. The firm says Q3 highlighted margin/EAC progress is taking hold. Aerojet contribution was a bit ahead of Well’s plan, with encouraging wins.
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Read More on LHX:
- L3Harris Technologies price target raised to $196 from $193 at Citi
- L3Harris upgraded to Outperform from Market Perform at Raymond James
- L3Harris Technologies narrows FY23 EPS view to $12.25-$12.45, consensus $12.25
- L3Harris Technologies says demand for company solutions ‘remains robust’
- L3Harris Technologies reports Q3 EPS $3.19, consensus $3.03