L3Harris Technologies (LHX) PT Raised to $252 at Vertical Research Partners
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Price: $307.79 -1.4%
Rating Summary:
15 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
Rating Summary:
15 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
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Vertical Research Partners analyst Robert Stallard raised the price target on L3Harris Technologies (NYSE: LHX) to $252.00 (from $240.00) while maintaining a Buy rating.
- Our 2021 and 2022 adjusted EPS estimates remain unchanged at $13.07 and $14.56, respectively, with the disposals offset by higher share repurchases. We forecast free cash flow this year of ~$2.9B, growing to ~$3.0B next year (both <$100m below our prior forecast given disposals, but closer to unchanged on a per share basis).
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