L3Harris Technologies (LHX) is expected to focus on its strategy for its core business post the Missile Solutions spin-off and its new mid-term outlook at its investor day, RBC Capital Markets said in a note Sunday.

The firm expects management to target mid-single-digit to high-single-digit organic revenue growth by 2028, including the Missile Solutions business, and expects L3Harris to adopt a more conservative stance on 2028 margins, with guidance of almost 16%.

RBC said L3Harris should articulate a clear post-spin strategy at its investor day on Wednesday and outline the core organic growth and margin appreciation for its core business, while clarifying expectations around Missile Solutions as a standalone company.

"Although we expect some uncertainty to remain, we believe details around consolidated reporting, capex spend for the Missile Solutions segment, and the mid-term guide could be a positive catalyst," analysts said.

RBC maintained its sector perform rating on the stock and $365 price target.

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