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

Rating:
Mkt Outperform
HLIT
down 28.13 %

Harmonic Inc. (HLIT) rated Mkt Outperform with price target $9.75 by Avondale Partners

Posted on: Tuesday,  Apr 1, 2008  11:25 AM ET by Avondale Partners

Avondale Partners rated Mkt Outperform Harmonic Inc. (NASDAQ: HLIT) on 04/01/2008, when the stock price was $7.89.
Since then, Harmonic Inc. has lost 28.14% as of 01/20/2016's recent price of $5.67.
If you would have followed this Avondale Partners's recommendation on HLIT, you would have lost 28.13% of your investment in 2850 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.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/1/2008 11:25 AM Buy
None
7.89 9.75
as of 12/24/2008
1 Week up  6.14 %
1 Month up  12.20 %
3 Months up  46.28 %
1 YTD up  26.20 %

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