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L3Harris Technologies (LHX) is currently facing uncertainty following indications that military spending may be targeted for cuts during potential federal shutdowns. Expert reviews point out that the Trump administration's push for government efficiency could lead to reduced budgets for contractors like LHX, causing some analysts to express concern about its immediate future. However, there are positive sentiments surrounding the stock as analysts anticipate margin expansion in the coming years, suggesting that the company's fundamentals remain strong. Investors are advised to consider entering the stock at specific price points: around $240, the mid-$220s, and again at $215 for better positioning. With a current yield of 1.9%, LHX has a favorable long-term outlook with a price target of $248.82 and recognition as a leader in defense technology and aerospace sectors.
It is mainly (probably) Trump related. His 'Department Of Government Efficiency' is deisgned to cut costs and unnecessary spending in the government. This includes military spending and the money allocated towards contractors such as LHX. Whether this will actually a meaningful is unclear. We think LHX looks good however, and analysts have been bullish on margin expansion in future years.
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Another Trump-tech trade. Defense technology provider. From tactical radios to applications to hardware. Also involved in space and aerospace, and you'll find that LHX is the leader in ETFs that cover that sector. 12-month price target of $273. Buy a third here around $240, add in the mid-$220s, and again at the $215 level. Reports next week. Yield is 1.9%.
(Analysts’ price target is $248.82)L3Harris Technologies is a American stock, trading under the symbol LHX-N on the New York Stock Exchange (LHX). It is usually referred to as NYSE:LHX or LHX-N
In the last year, 2 stock analysts published opinions about LHX-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for L3Harris Technologies.
L3Harris Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for L3Harris Technologies.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered L3Harris Technologies In the last year. It is a trending stock that is worth watching.
On 2025-04-14, L3Harris Technologies (LHX-N) stock closed at a price of $222.69.
Defence shouldn't be working, given the pullback from Ukraine, but maybe we are building up as tensions rise with China. LHX offers defence and communications.