Harmonic (HLIT) Tops Q2 EPS by 5c

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Harmonic Inc. (HLIT) PT Raised to $13 at Needham & Company

August 3, 2021 6:49 AM EDT

Needham & Company analyst Ryan Koontz raised the price target on Harmonic Inc. (NASDAQ: HLIT) to $13.00 (from $9.50) while maintaining a Buy rating.

The analyst commented, "HLIT reported a solid 2Q21 top and bottom line beat and raised 2H21 guidance, lifting the stock (+8% AH).... More