Harris Receives a Buy from Cowen & Co.


Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Harris (NYSE: HRS) today and set a price target of $170. The company’s shares closed yesterday at $150.39.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.4% and a 80.9% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Harris with a $170.80 average price target.

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The company has a one-year high of $170.54 and a one-year low of $111.72. Currently, Harris has an average volume of 684.8K.

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Harris Corp. engages in the provision of technology-based solutions for tactical communications, geospatial systems and services, air traffic management, avionics and electronic warfare, and space and intelligence. It operates through the following business segments: Communication Systems, Electronic Systems, Space and Intelligence Systems.

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