Morgan Stanley Keeps Their Buy Rating on L3Harris Technologies (LHX)
In a report released today, Kristine Liwag from Morgan Stanley maintained a Buy rating on L3Harris Technologies (LHX), with a price target of $235.00. The company’s shares closed last Thursday at $181.60.
According to TipRanks.com, Liwag has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -13.2% and a 34.6% success rate. Liwag covers the Technology sector, focusing on stocks such as Lockheed Martin, Northrop, and Boeing.
L3Harris Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $215.88.
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The company has a one-year high of $230.99 and a one-year low of $142.01. Currently, L3Harris Technologies has an average volume of 1.26M.
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L3Harris Technologies, Inc. is an agile global aerospace and defense technology innovator, which engages in the provision of defense and commercial technologies across air, land, sea, space and cyber domains. It operates through the following segments: Integrated Mission Systems; Space and Airborne Systems; Communication Systems; and Aviation Systems. The Integrated Mission Systems segment include intelligence, surveillance, and reconnaissance; advanced electro optical and infrared; and maritime power and navigation. The Space and Airborne Systems segment comprises space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare. The Communication Systems segment consists tactical communications; broadband communications; L3’s night vision; and public safety. The Aviation Systems segment compose defense aviation products; security, detection and other commercial aviation products; air traffic management; and commercial and military pilot training. The company was founded in 2019 and is headquartered in Melbourne, FL.