Barclays Maintains Overweight on Harmonic, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Overweight rating on Harmonic (NASDAQ:HLIT) but lowered the price target from $20 to $14.

November 01, 2023 | 1:57 pm
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Barclays has maintained an Overweight rating on Harmonic but lowered the price target from $20 to $14.
While the Overweight rating suggests that Barclays still sees potential in Harmonic, the lowered price target could indicate a more cautious outlook. This might have a neutral impact on the stock as the positive and negative signals could balance each other out.
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