L3Harris Technologies shares are trading higher after Baird upgraded the stock from Neutral to Outperform and raised its price target from $198 to $216.
Portfolio Pulse from Benzinga Newsdesk
L3Harris Technologies' stock has been upgraded from Neutral to Outperform by Baird, which also raised its price target from $198 to $216. This has resulted in the shares trading higher.
October 31, 2023 | 7:33 pm
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L3Harris Technologies' stock has been upgraded by Baird, leading to an increase in its share price. The price target has also been raised from $198 to $216.
The upgrade from Baird is a positive signal for investors, indicating a bullish outlook for L3Harris Technologies. The increase in the price target further supports this view, suggesting that the stock is undervalued at its current price. This has led to an increase in the share price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100