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Enter Symbol:
 
Harmonic Inc. (HLIT) [hlAlert]

Rating:
Underperform
HLIT
up 15.34 %

Harmonic Inc. (HLIT) rated Underperform by Raymond James

Posted on: Friday,  Jan 17, 2014  8:25 AM ET by Raymond James

Raymond James rated Underperform Harmonic Inc. (NASDAQ: HLIT) on 01/17/2014, when the stock price was $6.54. Since
then, Harmonic Inc. has lost 13.30% as of 01/20/2016's recent price of $5.67.
If you would have followed this Raymond James's recommendation on HLIT, you would have gained 15.34% of your investment in 733 days.

Harmonic designs, manufactures and markets digital and fiber optic systemsfor delivering video, voice and data services over cable, satellite, telephone, and wireless networks. The company's advanced solutions enable cable television and other network operators to provide a range of broadcast and interactive broadband services that include high-speed Internet access, telephony and video on demand. The company offers a broad range of fiber optic transmission and digital headend products for hybrid fiber coax, satellite and wireless networks.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2014 8:25 AM Sell
None
6.54
as of 10/17/2014
1 Week down  -6.00 %
1 Month up  8.95 %
3 Months   
1 YTD up  8.25 %

(*) Stock Price at the time of the recommendation.
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