L3Harris Technologies Stock - Deutsche Bank trims price target
20.06.2026 - 11:12:08 | ad-hoc-news.de
Edited by ad hoc news Long-Term & Business-Model Desk. Verified prior to publication on 06/20/2026, 09:10 UTC. Details in the imprint.
L3Harris Technologies (US5024311095) sits at the intersection of defense electronics and communications systems. Deutsche Bank recently lowered its price target while keeping a Hold rating on the shares, according to a Nasdaq-cited note based on Deutsche Bank research.
News and data on L3Harris Technologies stock
All current reports, price data and background on L3Harris Technologies stock can be found in the dedicated topic area on ad-hoc-news.de and on the company’s own investor relations pages.
What Deutsche Bank changed
According to a summary of analyst actions sourced from Nasdaq, Deutsche Bank cut its price target on L3Harris Technologies shares to $300 from $326 and reiterated a Hold rating. The note highlights a more cautious stance after the recent share-price performance.
The change follows a session where L3Harris shares closed at $294.82, down 5.86% on 06/18/2026, according to TradingKey data. At that close, the company’s equity value stood at roughly $55.2 billion based on the reported market capitalization.
Long-term positioning and business model
L3Harris Technologies generates most of its revenue from defense and aerospace customers through advanced communications, sensors and mission systems. The company focuses on secure tactical communications, electronic warfare, space payloads and avionics used by the U.S. and allied militaries.
Recent financial data compiled by TradingKey show quarterly revenue of about $5.74 billion, up nearly 11.9% year over year, while net profit increased roughly 32.6%. That growth underpins a financial health score described as stable, though only mid-pack versus aerospace and defense peers.
The product behind the stock
L3Harris is known for its tactical communications systems, including secure handheld and manpack radios used by armed forces worldwide. These systems are designed to provide resilient voice and data links in contested environments, tying into broader command-and-control networks.
Where the stock trades today
The shares of L3Harris Technologies (US5024311095) trade on the New York Stock Exchange under the ticker LHX, last closing at $294.82 on 06/18/2026 at 04:00 PM ET.
Key facts on L3Harris Technologies stock
- Company: L3Harris Technologies Inc.
- ISIN: US5024311095
- WKN: A2JBLL
- Ticker: LHX
- Venue: NYSE
- Price (as of 06/18/2026, 16:00 ET): 294.82 USD
- Market cap: 55.18 billion USD (as of 06/18/2026)
- Sector / Industry: Industrials / Aerospace & Defense
- Index membership: Standard & Poor's 500 index
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
