Buckingham Research Initiates L-3 Communications With Buy

Analysts at Buckingham Research initiated coverage on L-3 Communications Holdings Inc. LLL with a Buy rating. The target price for L-3 Communications is set to $155. L-3 Communications shares have gained 7.28% over the past 52 weeks, while the S&P 500 index has surged 9.42% in the same period. L-3 Communications' shares jumped 0.36% to $124.32 in pre-market trading.