Rosenblatt lowered the firm’s price target on Harmonic (HLIT) to $12 from $16 and keeps a Buy rating on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLIT:
- Harmonic’s Future Growth Potential Outweighs Current Forecast Challenges: Buy Rating Reaffirmed by Ryan Koontz
- Harmonic price target lowered to $10 from $14 at Barclays
- Harmonic Inc. Reports Record Revenue and Expands Buyback Program
- Closing Bell Movers: Lattice Semi up 13% on earnings
- Harmonic reports Q4 non-GAAP EPS 45c, consensus 37c