BUZZ-Morgan Stanley lifts L3Harris, General Dynamics ratings to 'overweight'
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Morgan Stanley upgrades ratings on U.S. defense companies L3Harris and General Dynamics to 'overweight' from 'equal-weight'. L3Harris is highlighted as the top value pick due to strong momentum and strategic drivers. General Dynamics is expected to see margin expansion and long-term growth. U.S. defense contractors are insulated from tariff risks. New price targets: L3Harris $367, General Dynamics $408.
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