Barclays analyst David Strauss raised the firm’s price target on L3Harris Technologies to $245 from $238 and keeps an Overweight rating on the shares. The analyst updated the company’s model post earnings.
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Read More on LHX:
- L3Harris raises FY24 revenue view to $20.8B-$21.3B from $20.7B-$21.3B
- L3Harris raises FY24 adjusted EPS view to $12.70-$13.05 from $12.40-$12.80
- L3Harris Technologies reports Q1 adjusted EPS $3.06, consensus $2.90
- Notable companies reporting after market close
- L3Harris Technologies to cut 5% of workforce to save costs, Reuters reports