Wells Fargo Upgrades L3Harris Technologies (LHX) to Overweight, 'Risk-Reward Improved'

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Go back to Wells Fargo Upgrades L3Harris Technologies (LHX) to Overweight, 'Risk-Reward Improved'

L3Harris Technologies estimates have troughed, Lockheed Martin thesis played out - Wells Fargo

September 18, 2023 1:23 PM EDT

Wells Fargo upgraded shares of L3Harris Technologies (NYSE: LHX) and Lockheed Martin (NYSE: LMT) to Overweight from Equal Weight in a note on Monday.

Analyst Matthew Akers raised the LHX price target to $209 from $204 per share and assigned LMT a $440 per share price target.

The analyst said the... More