Barclays Maintains Overweight on Harmonic, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Overweight rating on Harmonic (NASDAQ:HLIT) and raises the price target from $14 to $20.

July 30, 2024 | 11:21 am
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Barclays analyst Tim Long maintains an Overweight rating on Harmonic and raises the price target from $14 to $20.
The raised price target from $14 to $20 by Barclays, along with the maintained Overweight rating, is a positive signal for investors. This suggests confidence in Harmonic's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100