Barclays Maintains Overweight on Harmonic, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Overweight rating on Harmonic (NASDAQ:HLIT) but lowers the price target from $20 to $17.
October 29, 2024 | 12:39 pm
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Barclays analyst Tim Long maintains an Overweight rating on Harmonic but lowers the price target from $20 to $17, indicating a positive outlook with some caution.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100