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These Analysts Revise Price Targets On Harmonic After Upbeat Q4 Results

Harmonic Inc. (NASDAQ: HLIT) reported better-than-expected Q4 results. Harmonic reported quarterly earnings of $0.17 per share, beating analysts’ estimates of $0.14 per share. The company’s quarterly sales came in at $164.33 million, versus expectations of $159.32 million.

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Amid Challenges, Analyst Advises Investors To Build Positions: Cannabis Is A Real Industry With $26Bn In 2022 Sales

One of the biggest struggles the cannabis industry still faces is the lack of financial services. Under existing federal law, financial institutions are not allowed to provide their services to marijuana businesses even in states with legal cannabis programs.

GTBIF