Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Universal Display to $170 from $150 and keeps a Neutral rating on the shares. The firm updated its estimates to account for their updated SP, TV, and IT unit shipment forecast, while also fine-tuning estimates for Blue Emitter contribution.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on OLED:
- Analyst Praise Gives Universal Display (NASDAQ:OLED) a Leg Up
- Universal Display price target raised to $210 from $180 at Oppenheimer
- Universal Display upgraded to Buy at BofA on earnings recovery expectations
- Universal Display upgraded to Buy from Neutral at BofA
- Universal Display price target raised by $25 at Deutsche Bank, here’s why