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

Rating:
Mkt Outperform
HLIT
up 1.25 %

Harmonic Inc. (HLIT) rated Mkt Outperform with price target $8 by Avondale

Posted on: Friday,  May 21, 2010  11:25 AM ET by Avondale

Avondale rated Mkt Outperform Harmonic Inc. (NASDAQ: HLIT) on 05/21/2010, when the stock price was $5.60. Since
then, Harmonic Inc. has gained 1.25% as of 01/20/2016's recent price of $5.67.
If you would have followed this Avondale's recommendation on HLIT, you would have gained 1.25% of your investment in 2070 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
5/21/2010 11:25 AM Buy
None
5.60 8.00
as of 12/31/2010
1 Week down  -6.79 %
1 Month up  17.60 %
3 Months up  15.55 %
1 YTD up  41.96 %

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