Is Wall Street Bullish or Bearish on L3Harris Technologies Stock?

L3Harris Technologies, Inc. (LHX) is an aerospace and defense company that develops advanced systems for communications, space, aviation, and security. It supports government and commercial customers with mission-critical technology and services. The company is headquartered in Melbourne, Florida, and focuses on helping customers operate safely, reliably, and effectively in demanding environments. It has a market capitalization of $58.12 billion.

L3Harris’ investors have rewarded the company for its strong position in defense spending, steady earnings performance, and expectations of continued demand from government customers. Over the past 52 weeks, the stock has increased 30.4%, and it is up 6.3% year-to-date (YTD). The stock reached a 52-week high of $379.23 on Mar. 2 but is down 17.7% from that level.