Expert Ratings for Harmonic
Portfolio Pulse from Benzinga Insights
Harmonic (NASDAQ:HLIT) received 4 analyst ratings in the last quarter, with 3 being bullish, 1 somewhat bullish, and none bearish. The average 12-month price target among these analysts is $16.5, with a high of $19.00 and a low of $14.00. This target is a 2.94% decrease from the previous target of $17.00. Analyst ratings are updated quarterly and can include forecasts for earnings, revenue, and growth, but they reflect the analysts' beliefs and are not guarantees.
December 13, 2023 | 8:00 pm
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POSITIVE IMPACT
Harmonic has received mostly positive ratings from analysts, with an average price target of $16.5, which is slightly lower than the previous target of $17.00.
The predominance of bullish ratings suggests a positive sentiment among analysts, which could lead to increased investor confidence and a potential short-term uplift in HLIT's stock price. However, the slight decrease in the average price target may temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100