Canaccord Genuity Maintains a 'Hold' on Universal Display (PANL); Updating Estimates In Line with Global OLED Macro Model
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Price: $8.14 +3.04%
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Hold' on Universal Display (NASDAQ: PANL) price target cut $1 to $40.00.
Canaccord analyst, Jonathan Dorsheimer, said, "We are adjusting our estimates and price target after completing our comprehensive OLED whitepaper Version 1.0. This will be what our model is based on going forward. Based on our analysis, we believe PANL shares are fully valued in our base case scenario."
For an analyst ratings summary and ratings history on Universal Display click here. For more ratings news on Universal Display click here.
Shares of Universal Display closed at $52.59 yesterday.
Canaccord analyst, Jonathan Dorsheimer, said, "We are adjusting our estimates and price target after completing our comprehensive OLED whitepaper Version 1.0. This will be what our model is based on going forward. Based on our analysis, we believe PANL shares are fully valued in our base case scenario."
For an analyst ratings summary and ratings history on Universal Display click here. For more ratings news on Universal Display click here.
Shares of Universal Display closed at $52.59 yesterday.
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