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Harman International Industries, Incorporated (HAR) [hlAlert]

down 8.47 %

Harman International Industries, Incorporated (HAR) rated Outperform by Raymond James

Posted on: Monday,  Mar 10, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform Harman International Industries, Incorporated (NYSE: HAR) on 03/10/2014. Previously Raymond James rated Outperform Harman International Industries, Incorporated (NYSE: HAR)
on 03/07/2014., when the stock price was $109.09. Since then, Harman International Industries, Incorporated has lost 8.47% as of 01/25/2016's recent price of $99.85.
If you would have followed the previous Raymond James's recommendation on HAR, you would have lost 8.47% of your investment in 689 days.

Harman International Industries, Incorporated (Harman International) is engaged in the development, manufacture and marketing of high-fidelity audio products and electronic systems. The Company has developed, both internally and through a series of acquisitions, a range of product offerings sold under AKG, Crown, JBL, Infinity, Harman/Kardon, Lexicon, dbx, BSS, Studer/Soundcraft, Mark Levinson and Becker brand names. It operates in four segments: Automotive, Consumer and Professional are based on the end-user markets it serves. Its fourth segment, Other, includes its QNX business, which was previously reported in its Automotive segment. As of June 30, 2009, the Company?s Professional segment included its Harman Specialty business. Its Harman Specialty business includes Mark Levinson, Revel and Lexicon branded products.

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
3/10/2014 8:25 AM Buy
as of 10/17/2014
1 Week up  2.56 %
1 Month down  -13.10 %
3 Months down  -17.12 %
1 YTD down  -14.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/7/2014 8:25 AM Buy
109.09 125.00

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