Himax Technologies (HIMX) PT Raised to $12.20 at Macquarie (Friday)

September 5, 2017 10:10 AM EDT
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Price: $13.79 +0.88%

Rating Summary:
    6 Buy, 8 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
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Macquarie raised its price target on Himax Technologies (NASDAQ: HIMX) to $12.20 (from $11.00) while maintaining a Outperform rating.

Analyst Lynn Luo expects the company 3D sensing WLO for the new generation of premium phones could "significantly ramp up" on the third quarter of 2017 noting that 3D sensing total solution could "accelerate growth starting 1Q18, driven by customers such as Huawei, Xiaomi, etc."



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