Needham Upgrade OmniVision (OVTI) to Buy

May 29, 2009 8:48 AM EDT

Needham upgrade OmniVision Technologies Inc. (Nasdaq: OVTI) from Hold to Buy with a $13 price target.

Shares of OmniVision are up 9% this AM after better-than-expected Q4 results and guidance after the close.

OmniVision Technologies, Inc. designs, develops, and markets semiconductor image-sensor devices.


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