Several prominent analyst firms have reiterated their positive outlook on Harmonic (HLIT) stock, signaling continued confidence in the company's performance. Rosenblatt maintained a "Buy" rating with a $14.00 price target, while Needham also reaffirmed its "Buy" rating, setting a higher target of $15.00. Barclays, though maintaining an "Equal-Weight" rating, raised its price target for HLIT to $11.00. The consensus among five analysts places the average target price at $11.60. This average suggests a potential upside of 15.88% from the current trading price. Such sustained analyst support, including raised price targets, underscores a bullish sentiment for Harmonic's future prospects.
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