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L3Harris Technologies Inc (LHX) Shares Fall 3.9% -- GF Value Says Still Overvalued
L3Harris Technologies Inc (LHX) shares dropped 3.9% to $317.51, marking a significant decline despite a strong performance over the last year. According to GuruFocus’ GF Value, the stock is considered “Modestly Overvalued” as its current price is 25.4% above its intrinsic value of $253.10. Insider selling totaling $4.8 million also indicates a potential lack of confidence in the stock’s short-term prospects.