L-3 Communications (LLL) Tops Q2 EPS by 52c, Beats on Revenues; Raises FY17 EPS & Revenue Guidance

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L-3 Communications (LLL) PT Raised to $175 at Stifel; Remains Sidelined

July 28, 2017 9:03 AM EDT

Stifel raised its price target on L-3 Communications (NYSE: LLL) to $175.00 (from $170.00) while maintaining a Hold rating. L-3 Technologies posted 2Q17 EPS of $2.21, above consensus estimates of $2.03 on sales of $2.732B.

As previously announced, L3 Chair and CEO Michael Strianese will... More