Published On: Sat, Mar 4th, 2017

Harmonic Inc. (NASDAQ:HLIT) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Harmonic Inc. (NASDAQ:HLIT).

Most recent broker ratings

03/01/2017 – Harmonic Inc. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 4.75 price target on the stock.

12/06/2016 – Dougherty & Co began new coverage on Harmonic Inc. giving the company a “buy” rating. They now have a USD 7 price target on the stock.

08/10/2016 – Harmonic Inc. was upgraded to “buy” by analysts at Drexel Hamilton. They now have a USD 6 price target on the stock.

01/13/2016 – Harmonic Inc. had its “outperform” rating reiterated by analysts at Northland Securities. They now have a USD 5 price target on the stock.

09/10/2015 – Harmonic Inc. was upgraded to “buy” by analysts at Sidoti.

05/11/2015 – Harmonic Inc. was upgraded to “buy” by analysts at Zacks. They now have a USD 7.5 price target on the stock.

10/27/2014 – National Alliance Capital Markets began new coverage on Harmonic Inc. giving the company a “hold” rating. They now have a USD 7 price target on the stock.

10/24/2014 – National Alliance Securities began new coverage on Harmonic Inc. giving the company a “hold” rating. They now have a USD 7 price target on the stock.

01/30/2014 – Harmonic Inc. was downgraded to “hold” by analysts at TheStreet.

01/21/2014 – Bank of America Merrill Lynch began new coverage on Harmonic Inc. giving the company a “buy” rating.

01/17/2014 – Harmonic Inc. was downgraded to “underperform” by analysts at Raymond James.

The share price of Harmonic Inc. (NASDAQ:HLIT) was down -0.85% during the last day of trading, with a day high of 5.90. 726859 shares were traded during the last session.

The stock’s 50 day moving average is 5.37 and its 200 day moving average is 5.09. The stock’s market capitalization is 458.33M. Harmonic Inc. has a 52-week low of 2.51 and a 52-week high of 6.13.

Harmonic Inc. (Harmonic) designs, manufactures and sells video infrastructure products, and system solutions. The Company has two segments: Video and Cable Edge. Harmonic provides technical support and professional services to its customers around the world. The Video segment sells video processing and production, and playout solutions and services to broadcast and media companies, streaming media companies, cable operators, and satellite and telecommunications (telco), and pay television (TV) service providers. Its Cable Edge business sells cable edge solutions and related services to cable operators around the world. The Video segment offers a range of products and solutions, as well as software-based media processing platforms. The Company’s Narrowcast Services Gateway (NSG) products are integrated edge gateway products that integrate routing, multiplexing, scrambling and modulation into a single package for the delivery of narrowcast services to subscribers over cable networks.