Jefferies analyst Sheila Kahyaoglu maintains $L3Harris Technologies (LHX.US)$ with a buy rating, and adjusts the target price from $295 to $285.
According to TipRanks data, the analyst has a success rate of 59.9% and a total average return of 11.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $L3Harris Technologies (LHX.US)$'s main analysts recently are as follows:
Aerospace is anticipated to generate positive relative earnings growth and further outperformance in 2025, with a shift in benefits leaning more towards original equipment rather than aftermarket. On the contrary, the defense sector continues to lag, facing a more challenging environment than previously expected, attributed to greater budget risks and uncertainties regarding governmental fiscal policies.
The revenue outlook for Defense and IT services is described as balanced but lacking in positive catalysts. For the Aerospace and Defense Electronics group, the preferred sector into 2024 was Commercial Aero, a stance that is maintained with a focus on names heavily involved in the 2025 aftermarket.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
