L-3 Communications Receives a Hold from Stifel Nicolaus

By Carrie Williams

Stifel Nicolaus analyst Joseph DeNardi reiterated a Hold rating on L-3 Communications (NYSE: LLL) yesterday and set a price target of $215. The company’s shares closed yesterday at $194.64, close to its 52-week high of $199.97.

According to TipRanks.com, DeNardi is a 4-star analyst with an average return of 10.5% and a 71.5% success rate. DeNardi covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and United Continental.

Currently, the analyst consensus on L-3 Communications is Moderate Buy and the average price target is $209.29, representing a 7.5% upside.

In a report issued on December 5, Jefferies also reiterated a Hold rating on the stock with a $201 price target.

The company has a one-year high of $199.97 and a one-year low of $143.54. Currently, L-3 Communications has an average volume of 501.8K.

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L3 Technologies, Inc. provides communication and electronic systems used on military, homeland security and commercial platforms. It offers communication, electronic and sensor systems used in aerospace systems, security and detection systems, and pilot training.