Evaluating Harmonic: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Four financial analysts have recently shared their insights on Harmonic (NASDAQ:HLIT), with all analysts maintaining a 'Buy' rating and setting a consistent 12-month price target of $18.00. Despite facing revenue challenges and a decline in growth rate, Harmonic showcases strong net margin and effective asset utilization.
July 18, 2024 | 7:01 pm
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Harmonic (NASDAQ:HLIT) has received consistent 'Buy' ratings from four analysts, with a 12-month price target of $18.00. The company faces revenue challenges but shows strong net margin and effective asset utilization.
The consistent 'Buy' ratings and stable price target of $18.00 indicate positive sentiment from analysts. Despite revenue challenges, the company's strong net margin and effective asset utilization are seen as positive factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100