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Jefferies Downgrades L3Harris Technologies Stock to Hold

2 reports, 1 independent Updated Mon 00:00
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Developments
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Repetition
50%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Jefferies Financial Group lowered L3Harris Technologies from a "buy" rating to a "hold" rating and set a $315.00 target price in a report issued on August 26th. Argus also downgraded L3Harris Technologies from a "buy" to a "hold" rating.

From dailypolitical.com

Why it matters

Some supportBrind's analysis of the reports

Analyst reports, including the downgrade by Jefferies Financial Group, influence L3Harris Technologies' market valuation. The company currently maintains a consensus rating of "Moderate Buy" with an average target price of $355.92.

From dailypolitical.com

Who's involved

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Manufacturers Life Insurance CompanySpeculative

    Manufacturers Life Insurance Company might see the market price of L3Harris Technologies stock lower, potentially reducing the worth of its financial stake.

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The entities involved

Related events

Coverage

Newest first; wire copies grouped
1 more outlet ran the same wire story