UBS, RBC Capital Hike Price Targets on L3Harris Technologies, Inc. (LHX)

L3Harris Technologies, Inc. (NYSE:LHX) is among the 10 Best Defense Stocks to Buy successful the S&P 500. On January 15, UBS lifted its terms people connected the banal to $349 from $323, portion keeping a Neutral rating.

Stock marketplace information showing an upward trajectory. Photo by Burak The Weekender connected Pexels

The accommodation follows RBC Capital’s update a time earlier erstwhile the steadfast hiked its terms people to $360 from $315 and reiterated a Sector Perform standing connected the stock. The expert noted the company’s caller concern with the Department of War (DoW), which volition spot a $1 cardinal convertible preferred information concern successful its rocket centrifugal business.

RBC said the determination was successful enactment with the DoW’s ‘Arsenal of Freedom’. The concern volition guarantee a unchangeable proviso of motors needed successful rocket programs and marks 1 successful a bid of investments made by the U.S. authorities successful firm companies nether President Trump’s 2nd term.

L3Harris Technologies, Inc. (NYSE:LHX) is readying to person the IPO for its Missile Solutions concern during the second fractional of 2026, aft which the $1 cardinal information volition person to communal equity upon becoming a caller nationalist company.

In different news, connected January 14, the institution said it was selected by the U.S. Navy and Marines nether a multi-year declaration to present 34 T7 Robots to fortify explosive ordnance disposal capabilities. According to the property release, deliveries are scheduled to statesman this year.

Wall Street has a bullish outlook connected the banal with a statement Strong Buy standing and a one-year mean stock terms people of $361, representing an upside imaginable of 4.20% arsenic of the adjacent connected January 19.

L3Harris Technologies, Inc. (NYSE:LHX) provides end-to-end exertion solutions connecting the air, land, space, sea, and cyber domains successful nationalist security.

While we admit the imaginable of LHX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.