Reported 1 day ago
Harmonic Inc. (NASDAQ:HLIT) has received a Buy rating from Rosenblatt Securities, along with a $11.00 price target, following an investor meeting where the company's leadership showcased their vision for the future of broadband. Despite current challenges in rollout with major clients, analysts expect improved performance in the latter half of the year, buoyed by strategic collaborations and innovations aimed at enhancing broadband services, particularly for latency-sensitive applications.
Source: YAHOO