Truist Securities Maintains Buy on L3Harris Technologies, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on L3Harris Technologies (NYSE:LHX) and increased the price target from $224 to $250.
December 14, 2023 | 6:30 pm
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POSITIVE IMPACT
Truist Securities reaffirms a Buy rating on L3Harris Technologies and raises the price target to $250, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in L3Harris Technologies' future performance, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as the market reacts to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100