NEW YORK, May 30 (Reuters) - Audio product maker Harman International Industries Inc shares could rebound to the $50 range by 2011 if an expected pick-up in vehicle sales comes through, business weekly Barron's reported. Shares of the Stamford, Connecticut-based company, whose biggest customers are high-end automakers, are trading at $32.30 on the New York Stock Exchange. They sank 20 percent in May when company executives indicated long-term growth could slow. In light of the forecast, ...
Premium Content (PAID Subscription Required)
"Harman could benefit from improved car sales-Barron's" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642