UPDATE 1-RESEARCH ALERT-JP Morgan starts Harman with overweight

Newswire

Aug 25 (Reuters) - J.P. Morgan Securities began coverage of Harman International Industries Inc with an "overweight" rating, and said the audio products company has notable operational restructuring and topline potential. "With relatively new management, global auto production having likely troughed and well-defined medium-term growth opportunities, the stage seems set for a major turnaround over the next two years," analyst Himanshu Patel wrote in a note to clients. The company has ...

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