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

down 47.50 %

Harmonic Inc. (HLIT) rated Buy with price target $10 by Needham

Posted on: Friday,  Jan 30, 2009  2:25 PM ET by Needham

Needham rated Buy Harmonic Inc. (NASDAQ: HLIT) on 01/30/2009. Previously Needham rated Buy Harmonic Inc. (NASDAQ: HLIT) on 10/24/2007., when
the stock price was $10.80. Since then, Harmonic Inc. has lost 47.50% as of 01/20/2016's recent price of $5.67.
If you would have followed the previous Needham's recommendation on HLIT, you would have lost 47.5% of your investment in 3010 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2009 2:25 PM Buy
5.15 10.00
as of 12/31/2009
1 Week up  27.40 %
1 Month up  57.11 %
3 Months up  19.01 %
1 YTD up  41.71 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/24/2008 9:25 AM Buy
8.23 12.00
10/24/2007 9:25 AM Buy
10.80 14.00

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