Breaking Finance News

Harmonic Inc (NDAQ:HLIT) target bumped up to $6.50, released a ratings update earlier today by Dougherty & Company

Yesterday Harmonic Inc (NDAQ:HLIT) traded 0.85% higher at $3.08. HLIT’s 50-day average is $3.05 and its two hundred day average is $4.39. With the last stock price close down -32.73% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trade Volume was down over the average, with 347,153 shares of HLIT changing hands under the typical 645,065

Stating a potential upside of 1.11%, Dougherty & Company bumped up the stock price target of Harmonic Inc (NDAQ:HLIT) to $6.50

Previously on 05/03/2017, Jefferies & Co released a statement about Harmonic Inc (NDAQ:HLIT) reduced the target price from $4.75 to $4.00. At the time, this indicated a possible downside of -0.22%.

Recent Performance Chart

Harmonic Inc (NDAQ:HLIT)

Harmonic Inc has with a one year low of $2.80 and a one year high of $6.18 and has a market capitalization of $0.

General Company Details For Harmonic Inc (NDAQ:HLIT)

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *