Guggenheim upgraded L3Harris Technologies (LHX) to a strong buy rating. The stock currently trades near its one-year low. The broader analyst consensus remains a moderate buy with an average price target of $360.83.
CFO Ken Sharp addressed the Morgan Stanley Laguna Conference on September 16, 2026. He stated the new CEO will prioritize operational execution over major internal restructuring.
The company recently completed a multi-year portfolio reset. Sharp noted that L3Harris is now strategically positioned to meet U.S. government defense priorities.