Universal Display (OLED) PT Raised to $190 at Deutsche Bank on 4Q Report; 'Long-Term Trends Unchanged'
Get Alerts OLED Hot Sheet
Price: $156.44 --0%
Rating Summary:
11 Buy, 8 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 2
Rating Summary:
11 Buy, 8 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 2
Join SI Premium – FREE
Deutsche Bank raised its price target on Universal Display (NASDAQ: OLED) to $190.00 (from $170.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.
Analyst Sidney Ho notes a positive outlook on the shares, as OLED reported fourth quarter earnings per share and revenue results above consensus projections driven by new capacity being brought online, offering more meaningful growth upside, despite Apple order cuts leading to 2018 guidance below consensus.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- HSBC Upgrades UPS (UPS) to Buy, 'Back to earnings growth'
- JPMorgan Upgrades Doximity Inc (DOCS) to Neutral 'Given a More Stabilized Macro Backdrop and Little Downside to Our Valuation'
- Meta Platforms Inc. (META) PT Lowered to $540 at Jefferies, 'Buy the Zuck Shopping Cart Dip'
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Deutsche Bank, EarningsSign 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!