ARK Investment has purchased shares in
L3Harris Technologies (LHX), which could influence their financial performance.
TD Cowen has upped LHX’s price target but maintains a Buy rating. LHX will support
Canada’s National Security using advanced ISR imaging technology. According to several analysts, LHX might be the most
undervalued stock in the Defense Sector. There is news on LHX’s upcoming
$1.20 dividend being discussed.
Goldman Sachs also has upgraded LHX. LHX's CEO and CFO are set to reveal their strategic roadmap at
Elite Investor Conferences in May. LHX won a $214 million contract to support the
German Armed Forces and it has debuted its eSR-19 Rocket Motor during a
Missile Defense Test. Jim Cramer considers LHX as a solid company despite a 5% mid-November shares dip. Investors are pleased with LHX’s respectable
34% return over the last five years. LHX has just set a
date for its Fourth Quarter 2024 earnings release. There’s a considerable institutional ownership in LHX, with
86% of shares heavily dominated.
Collaborative efforts are also taking place with L3Harris and Palantir announcing a Strategic partnership.
L3harris Technologies LHX News Analytics from Mon, 23 Sep 2024 07:00:00 GMT to Fri, 06 Jun 2025 18:32:14 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -2
