Seaport Global analyst Josh Sullivan reiterated a Buy rating on Harris (NYSE: HRS) on July 31 and set a price target of $185. The company’s shares closed yesterday at $163.93, close to its 52-week high of $170.54.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 16.7% and a 75.9% success rate. Sullivan covers the Consumer Goods sector, focusing on stocks such as BWX Technologies, Flir Systems, and HEICO Corp.
Harris has an analyst consensus of Strong Buy, with a price target consensus of $178.20, representing an 8.7% upside. In a report issued on July 31, Cowen & Co. also assigned a Buy rating to the stock with a $180 price target.
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The company has a one-year high of $170.54 and a one-year low of $115.95. Currently, Harris has an average volume of 707.2K.
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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.
