RBC: Harman Sitting Pretty In Car Infotainment Market

By | March 19, 2015

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Harman International Industries (HAR), a leading provider of car infotainment systems, is well positioned for the next five to seven years and likely will gain market share, RBC Capital Markets said in a research report Thursday. RBC analyst Joseph Spak reiterated his outperform rating on Harman stock with a price target of 145 after a meaning with Harman’s CEO Dinesh Paliwal and CFO Sandy Rowland. Harman stock was up a fraction in midday trading Scalper1 News

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