Raymond James Downgrades Harmonic Inc. (HLIT) to Outperform

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Jefferies Downgrades Harmonic Inc. (HLIT) to Hold

October 29, 2024 10:50 AM EDT

Jefferies analyst George C. Notter downgraded Harmonic Inc. (NASDAQ: HLIT) from Buy to Hold with a price target of $12.50 (from $14.00).

The analyst comments "Harmonic printed a strong Q3 and guided in-line for the full yeardespite a sizable ramp in expectations... More