Bernstein Downgrades L3Harris Technologies to Market Perform, Lowers Price Target to $210
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst Douglas Harned has downgraded L3Harris Technologies (NYSE:LHX) from Outperform to Market Perform and lowered the price target from $239 to $210.
August 28, 2023 | 8:31 am
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L3Harris Technologies has been downgraded by Bernstein from Outperform to Market Perform, with a lowered price target from $239 to $210.
The downgrade from Outperform to Market Perform by Bernstein indicates a less optimistic outlook for L3Harris Technologies. The lowered price target from $239 to $210 also suggests that the analyst sees less upside potential in the stock, which could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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IMPORTANCE 80
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