L-3 Communications (LLL) PT Raised to $250 at Cowen
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Price: $0.84 --0%
Rating Summary:
12 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 9 | New: 13
Rating Summary:
12 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 9 | New: 13
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Cowen raised its price target on L-3 Communications (NYSE: LLL) to $250.00 (from $225.00) while maintaining an Outperform rating.
Analyst Cai von Rumohr said the "impressive" Q2 beat and raise, coupled with the company's ongoing transformation to technology-driven growth focus, offers reset potential from LLL's below average 2019 TEV/EBITDA of 12.3x.
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