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Enter Symbol:
 
Harris Corporation (HRS) [hlAlert]

Rating:
Buy HRS
up 114.65 %

Harris Corporation (HRS) upgraded to Buy with price target $40 by Morgan Joseph

Posted on: Thursday,  Aug 13, 2009  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Harris Corporation (NYSE: HRS) on 08/13/2009, when the stock price was $35.90. Since
then, Harris Corporation has gained 114.65% as of 01/08/2016's recent price of $77.06.
If you would have followed this Morgan Joseph's recommendation on HRS, you would have gained 114.65% of your investment in 2339 days.

Harris Corporation (Harris), together with its subsidiaries, is an international communications and information technology (IT) company serving government and commercial markets in more than 150 countries. The Company is focused on developing assured communications products, systems and services for global markets, including radio frequency (RF) communications, government communications and broadcast communications. The Company is organized in three segments. Its RF Communications segment comprises Tactical Radio Communications, and Public Safety and Professional Communications businesses. Government Communications Systems segment comprises Defense Programs, National Intelligence Programs, Civil Programs and IT Services businesses. Broadcast Communications segment comprises Infrastructure and Networking Solutions, Media and Workflow, and Transmission Systems businesses. In November 2009, the Company acquired Patriot Technologies, LLC.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/13/2009 8:25 AM Buy
None
35.90 40.00
as of 12/31/2009
1 Week up  0.54 %
1 Month up  8.33 %
3 Months up  26.48 %
1 YTD up  32.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2009 8:25 AM Hold
None
29.25

(*) Stock Price at the time of the recommendation.
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