12:55 PM EDT, 07/28/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $52 to $278, which is 22.0x our 2026 EPS estimate, a premium to LHX's three-year avg. forward P/E of 17.0x and above peers' average forward P/E of 20.3x. We trim our 2025 EPS estimate by $0.19 to $10.70 but raise our 2026 EPS forecast by $0.40 to $12.62. We maintain our Hold rating on L3Harris Technologies ( LHX ) as the company demonstrates strong operational execution and strategic positioning, but shares appear fairly valued at current levels. LHX delivered exceptional Q2 2025 results with record 1.5x book-to-bill, accelerating organic growth of 6%, and seventh consecutive quarter of margin expansion. The company's alignment with key defense priorities, including Golden Dome missile defense, space architectures, and international NATO modernization, positions it well for sustained growth. The LHX NeXt transformation program is exceeding expectations, tracking 40% ahead of its $1 billion cost savings target and completing a year early.