Information Provided By: 
Fly News Breaks for October 7, 2015
HAR
Oct 7, 2015 | 06:24 EDT
Jefferies analyst Dan Dolev initiated Harman shares with an Underperform rating and $90 price target. Navigation take rates, after years of growth, may be maturing while Harman's backlog growth is the slowest in five years, Dolev tells investors in a research note. He sees 9% downside to the consensus estimates for Harman's FY17 given the "double whammy" of lower gross margins and the need to boost R&D spending.
News For HAR From the Last 2 Days
There are no results for your query HAR
