Universal Display (OLED) PT Raised to $190 at Deutsche Bank on 4Q Report; 'Long-Term Trends Unchanged'
Tweet
Share
E-mail
Get Alerts OLED Hot Sheet
Price: $79.77 -0.93%
Rating Summary:
11 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 24 | New: 82
Rating Summary:
11 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 24 | New: 82
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
- Samsung Electronics Co Ltd. (005930:KS) (SSNLF) PT Raised to KRW550,000 at BofA Securities
- Intercontinental Exchange (ICE) PT Lowered to $190 at UBS Following June Metrics Release
- CrowdStrike (CRWD) PT Raised to $235 at UBS as Company Enters New Growth Cycle
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!
