L3Harris Technologies Receives Upgrade: Analyst Sees Strong Growth Potential

L3Harris Technologies (LHX) received an upgrade from Wolfe Research analyst Myles Walton, who cited improving sales growth, margin expansion, and free cash flow as key drivers for optimism. The analyst expects the company to converge with industry giants like Lockheed Martin and Northrop Grumman by 2025 or 2026, driven by strong performance in its core businesses. Despite some risks, Walton believes L3Harris is well-positioned for growth.

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