Jefferies (NYSE:JEF) analyst Sheila Kahyaoglu maintained a Buy rating on L3Harris Technologies (NYSE:LHX) on Monday, setting a price target of $260, which is approximately 12.04% above the present share price of $232.05.
Kahyaoglu expects L3Harris Technologies to post earnings per share (EPS) of $2.03 for the third quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in L3Harris Technologies, with an average price target of $255.82.
The analysts price targets range from a high of $292 to a low of $238.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $4.67 billion and a net profit of $526 million. The company's market cap is $46.63 billion.
According to TipRanks.com, Jefferies analyst Sheila Kahyaoglu is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.6% and a 62.01% success rate.
L3Harris Technologies, Inc. is a technology-oriented aerospace and defense company that provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. The company was formed following the merger of Harris Corporation and L3 Technologies in June 2019.