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Harmonic (NASDAQ:HLIT) Earns Buy Rating from Rosenblatt Securities
Rosenblatt Securities has reissued a “buy” rating for Harmonic (NASDAQ:HLIT) with a $14.00 price target, suggesting a potential 39.86% upside. Despite other analysts providing “Hold” or “Equal Weight” ratings, the consensus across all analysts remains a “Hold” with an average target price of $13.33. Insider transactions show both selling by SVP Neven Haltmayer and buying by Director David Krall, while hedge funds have also adjusted their positions in the company.