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Analysts Offer Insights on Industrial Goods Companies: L3Harris Technologies (LHX) and XTI Aerospace (XTIA)

Tipranks - Tue Apr 21, 1:30AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on L3Harris Technologies (LHX) and XTI Aerospace (XTIA) with bullish sentiments.

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L3Harris Technologies (LHX)

Seaport Global analyst Richard Safran maintained a Buy rating on L3Harris Technologies yesterday. The company’s shares closed last Friday at $350.35.

According to TipRanks.com, Safran is a 4-star analyst with an average return of 8.5% and a 64.7% success rate. Safran covers the Industrial Goods sector, focusing on stocks such as Northrop Grumman, General Dynamics, and Lockheed Martin. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for L3Harris Technologies with a $394.08 average price target, a 12.3% upside from current levels. In a report issued on April 10, Susquehanna also maintained a Buy rating on the stock with a $410.00 price target.

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XTI Aerospace (XTIA)

Maxim Group analyst Matthew Galinko maintained a Buy rating on XTI Aerospace on April 15 and set a price target of $5.00. The company’s shares closed last Friday at $2.31, close to its 52-week low of $1.20.

According to TipRanks.com, Galinko is a 5-star analyst with an average return of 16.4% and a 40.6% success rate. Galinko covers the Technology sector, focusing on stocks such as Intchains Group Ltd. ADR, Unusual Machines Inc., and Arbe Robotics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for XTI Aerospace with a $5.00 average price target.

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