L3Harris (LHX) Soars 6.8%: Is Further Upside Left in the Stock?

L3Harris (LHX) shares soared 6.8% in the last trading session to close at $214.35. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.5% loss over the past four weeks.The latest uptick in LHX’s share price can be attributed to the recent announcement made by the U.S. President indicating a big boost in defense spending as part of the upcoming U.S. fiscal 2026 budget. Notably, U.S. President Donald Trump said yesterday (9th April) ...