Goldman Says Panasonic Ramping OLED Capacity Would Be Positive for Universal Display (PANL)
Tweet
Share
E-mailGet Alerts PANL Hot Sheet
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
Join SI Premium – FREE
After trading down nearly 2.7 percent earlier, shares of Universal Display (Nasdaq: PANL) are now up more than 4 percent following a note from Goldman Sachs' Brian Lee Friday.
The analyst suggests news Panasonic (NYSE: PC) will ramp capacity at an OLED panel manufacturing facility during the first half of next year is potentially positive for Universal Display. Lee notes Panasonic and Universal Display currently have an existing commercial licensing agreement.
Goldman Sachs maintains a Buy rating and $68 price target on shares of Universal Display.
The analyst suggests news Panasonic (NYSE: PC) will ramp capacity at an OLED panel manufacturing facility during the first half of next year is potentially positive for Universal Display. Lee notes Panasonic and Universal Display currently have an existing commercial licensing agreement.
Goldman Sachs maintains a Buy rating and $68 price target on shares of Universal Display.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Viking Holdings (VIK) PT Raised to $82 at Mizuho
- Clear Street Reiterates Buy Rating on Anterix Inc. (ATEX)
- Ferrovial SA (FER:SM) (FRRVF) Reiterated at Buy by UBS on Winning Bid For Tennessee Project
Create E-mail Alert Related Categories
Analyst Comments, Momentum MoversSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
