Analysts have been eager to weigh in on the Technology sector with new ratings on L3Harris Technologies (LHX) and Intel (INTC).
L3Harris Technologies (LHX)
In a report released yesterday, Brian Gesuale from Raymond James reiterated a Buy rating on L3Harris Technologies, with a price target of $200.00. The company’s shares closed last Thursday at $183.13.
According to TipRanks.com, Gesuale is a 5-star analyst with an average return of 21.7% and a 74.9% success rate. Gesuale covers the Technology sector, focusing on stocks such as Roper Technologies, Caci International, and Trimble Navigation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for L3Harris Technologies with a $215.22 average price target, implying a 14.7% upside from current levels. In a report issued on January 7, Morgan Stanley also maintained a Buy rating on the stock with a $235.00 price target.
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Intel (INTC)
In a report released yesterday, Chris Caso from Raymond James reiterated a Hold rating on Intel. The company’s shares closed last Thursday at $62.46.
According to TipRanks.com, Caso is a 5-star analyst with an average return of 23.5% and a 62.2% success rate. Caso covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, NXP Semiconductors, and Skyworks Solutions.
The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $58.46 average price target, which is a -1.0% downside from current levels. In a report issued on January 14, Atlantic Equities also upgraded the stock to Hold with a $55.00 price target.
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