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L3Harris Technologies Inc (LHX) Becoming More Attractive for Investors

L3Harris Technologies Inc’s recently made public that its Former Director CHIARELLI PETER W acquired Company’s shares for reported $1.23 million on Mar 03 ’25. In the deal valued at $208.75 per share,5,887 shares were bought.

Then, NIEBERGALL ROSS bought 1,211 shares, generating $248,267 in total proceeds.

Before that, NIEBERGALL ROSS sold 1,373 shares. L3Harris Technologies Inc shares valued at $288,412 were divested by the President, Aerojet Rocketdyne at a price of $210.06 per share. As a result of the transaction, NIEBERGALL ROSS now holds 5,049 shares, worth roughly $1.05 million.

Bernstein upgraded its L3Harris Technologies Inc [LHX] rating to an Outperform from a a Mkt perform in a research note published on January 08, 2025; the price target was decreased to $267 from $289. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Mkt perform”. Argus also remained covering LHX and has increased its forecast on November 26, 2024 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on October 31, 2024. It rated LHX as “a Buy” which previously was an “a Neutral”.

Price Performance Review of LHX

On Monday, L3Harris Technologies Inc [NYSE:LHX] saw its stock jump 0.77% to $207.70. Over the last five days, the stock has gained 3.93%. L3Harris Technologies Inc shares have fallen nearly -1.23% since the year began. Nevertheless, the stocks have fallen -2.58% over the past one year. While a 52-week high of $265.74 was reached on 01/21/25, a 52-week low of $193.09 was recorded on 02/20/25. SMA at 50 days reached $209.40, while 200 days put it at $227.88.

Levels Of Support And Resistance For LHX Stock

The 24-hour chart illustrates a support level at 205.50, which if violated will result in even more drops to 203.31. On the upside, there is a resistance level at 209.67. A further resistance level may holdings at 211.65. The Relative Strength Index (RSI) on the 14-day chart is 52.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.70%. Stochastics %K at 79.06% indicates the stock is a holding.

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