Look Under The Hood: FEX Has 15% Upside
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 03 2025
0mins
Should l Buy LHX?
Source: NASDAQ.COM
ETF Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $119.82 per unit, indicating a potential upside of 14.79% from its current trading price of $104.38.
Stock Performance Insights: Notable underlying holdings such as Tenet Healthcare Corp., L3Harris Technologies Inc., and Alnylam Pharmaceuticals Inc. show significant upside potential based on analysts' target prices, raising questions about the validity of these targets in light of recent market developments.
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Analyst Views on LHX
Wall Street analysts forecast LHX stock price to fall
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 351.420
Low
212.00
Averages
253.50
High
280.00
Current: 351.420
Low
212.00
Averages
253.50
High
280.00
About LHX
L3Harris Technologies, Inc. provides end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Its segments include Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR). The SAS segment supplies full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The IMS segment delivers differentiated mission capabilities and prime systems integration to support intelligence, reconnaissance and surveillance (ISR), passive sensing and targeting, electronic attack, autonomy, power and communications, networks and sensors. CS enables warfighters across all domains with solutions critical to mission success even in the contested environments. The AR segment provides propulsion, power and armament products and systems to the U.S. Government, including the DoD, NASA and various aerospace and defense prime contractors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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