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L3Harris Technologies Inc. (Symbol: LHX) shares recently traded at $305.41, surpassing the average analyst 12-month target price of $301.67. This milestone prompts analysts to either downgrade their valuation or raise their target prices, based on the company’s performance.
The average target price is derived from 18 analysts, with a low target of $250.00 and a high target of $327.00, resulting in a standard deviation of $25.069. Currently, there are 12 strong buy ratings and 6 hold ratings, but no buy, sell, or strong sell ratings.
The overall average rating for LHX remains at 1.67, indicating a strong buy sentiment, based on Zacks Investment Research data.
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