Bernstein analyst Jay Huang upgraded Harmonic Drive to Outperform from Underperform based on the conviction that structurally, the company is undervalued, and cyclically, industry demand and company’s new order will bottom out in 2-3 quarters and share price well before that. The firm is, however, agnostic whether the best entry point is already behind or still in front of us.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on HSYDF: