L3Harris Technologies (LHX) News Today

L3Harris Technologies Inc (NYSE: LHX) is trading higher after a flurry of analyst upgrades, robust quarterly results and guidance boosts, and an insider purchase. Key developments include:

• Positive Sentiment: Susquehanna raised its price target on LHX from $300 to $320, signaling an 18.9% upside. Benzinga
• Positive Sentiment: Robert W. Baird lifted its price target from $274 to $320, implying an 18.9% gain. Benzinga
• Positive Sentiment: Truist Financial bumped its target to $302 with a “buy” rating, pointing to a 12.2% upside. Benzinga
• Positive Sentiment: UBS increased its price objective from $262 to $280 (4.1% upside) and maintained a “neutral” rating. Benzinga
• Positive Sentiment: Royal Bank of Canada raised its target to $280 (4.1% upside) with a “sector perform” rating. Benzinga
• Positive Sentiment: L3Harris updated its FY 2025 guidance, raising EPS to $10.40–$10.60 (vs. $10.492 consensus) and revenue to $21.8 billion (vs. $21.6 billion). MarketBeat
• Positive Sentiment: The company reported Q2 non-GAAP EPS of $2.78 (vs. $2.48 est.) on $5.4 billion revenue (vs. $5.31 billion est.) and raised full-year guidance. Business Wire
• Positive Sentiment: L3Harris lifted its 2026 free cash flow target to $3 billion amid record Q2 bookings and robust defense demand. MSN
• Positive Sentiment: Shares hit a new 12-month high on the back of strong bookings and upgraded outlook. MarketBeat
• Positive Sentiment: Senator Markwayne Mullin disclosed a $15K–$50K purchase of LHX shares, signaling insider confidence. MarketBeat
• Neutral Sentiment: Full Q2 2025 earnings call transcript is available for deeper insights. GuruFocus
• Neutral Sentiment: Q2 earnings presentation slides are posted on Seeking Alpha. Seeking Alpha
• Neutral Sentiment: Analysis of key Q2 metrics versus Wall Street estimates is provided by Zacks. Zacks