Raymond James Maintains Strong Buy on Harmonic, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Simon Leopold has maintained a 'Strong Buy' rating on Harmonic (NASDAQ:HLIT), but lowered the price target from $16 to $15.
October 31, 2023 | 5:29 pm
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Harmonic's price target has been lowered from $16 to $15 by Raymond James, though the 'Strong Buy' rating is maintained.
While the lowering of the price target might indicate a slightly less optimistic outlook for Harmonic, the maintenance of the 'Strong Buy' rating suggests that the analyst still sees significant potential in the stock. This could lead to a neutral short-term impact on the stock price.
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IMPORTANCE 75
RELEVANCE 100