L3Harris Technologies Soars: Analyst Upgrades Stock to ‘Buy’ on Strong Performance and Strategic Partnerships

BofA Securities analyst Ronald J. Epstein has upgraded L3Harris Technologies (LHX) to ‘Buy’ from ‘Neutral’, citing the company’s impressive transformation initiative, ‘LHX Next’, and its strong position in the booming missile and munitions market. The analyst also highlights L3Harris’ strategic partnership with Palantir Technologies (PLTR) and its significant cost-saving initiatives, leading to a raised price target of $300.

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