Needham Reiterates Buy on Harmonic, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Harmonic (NASDAQ:HLIT) and maintained a price target of $18.
October 31, 2023 | 11:00 am
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Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Harmonic, maintaining a price target of $18.
The reiteration of a 'Buy' rating by a Needham analyst indicates a positive outlook for Harmonic. The maintained price target of $18 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
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