Needham & Company Downgrades OmniVision Technologies (OVTI) to Hold on Pending Takeout

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Wedbush Raises Price Target on Omnivision Technologies (OVTI) Following FQ4 Results

May 29, 2015 8:31 AM EDT

Wedbush maintains a Neutral rating on OmniVision Technologies (NASDAQ: OVTI), and raised the price target to $29.00 (from $27.00), following FQ4. Pro forma EPS of $0.22 was slightly above Street expectations of $0.21. Revenue of $285.9MM was also above expectations of $280MM.

Analyst Betsy Hees... More

Omnivision Technologies (OVTI) Tops Q4 EPS by 1c; Guides Q1 Revenue Ahead of Views

May 28, 2015 4:20 PM EDT

Omnivision Technologies (NASDAQ: OVTI) reported Q4 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $285.9 million versus the consensus estimate of $279.08 million.

Omnivision Technologies sees Q1 2016 EPS of $0.32-$0.48, versus the consensus of $0.33. Omnivision Technologies sees Q1 2016... More