Steve Frankel, analyst at Colliers Securities, reiterates coverage on Harmonic Inc. (HLIT) in the Technology sector with a Buy rating. TipRanks.com has Frankel rated as a 3 star analyst with a 3% return on investment and a 49% success rate. Frankel has set a price target of $15.00 .
TipRanks.com reports that HLIT currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $11.83 . The target pricing ranges from a high forecast of $15.00 down to a low forecast of $9.00 .
HLIT’s last closing price was $9.42 which would put the average price target at 25.58% upside.
In addition, TradingView issued a rating for HLIT over the next month.
Remember, securities are volatile, so please do your own research on HLIT.
Other analysts covering HLIT include:
- John Marchetti of Stifel Nicolaus issued a buy rate with the price target of $11 on August 2nd
- Ryan Koontz of Needham issued a buy rate with the price target of $13 on August 2nd
- Simon Leopold of Raymond James issued a buy rate with the price target of $11 on August 2nd
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