Harris upgraded to Perform from Underperform at Oppenheimer Oppenheimer upgraded Harris, citing valuation and what it sees as the encouraging direction of the company's business mix in the wake of its Q3 results.
Harris discount to peers to decline, says Sterne Agee CRT Sterne Agee CRT says that Harris' (HRS) acquisition of Exelis (XLS) gives it the opportunity to divest its non-core assets. The firm thinks that these divestments would decrease Harris' valuation discount versus its peers. The firm keeps a $90 price target and Buy rating on Harris.
Harris wins $11M order from Middle East nation for Falcon III radios Harris Corporation has received an $11M order from a nation in the Middle East to supply the Harris RF-7800 series of Falcon III multiband, multimission radios as part of a continued modernization effort. The order was booked and shipped during the fourth quarter of Harris' fiscal 2015.