Universal Display Corp (OLED) In A Holding Pattern - Oppenheimer

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Needham & Company Raises Price target on Universal Display (OLED) Following Mixed Quarter

May 6, 2016 8:32 AM EDT

Needham & Company reiterated a Buy rating on Universal Display (NASDAQ: OLED), and raised the price target to $62.00 (from $57.00), following the company's 1Q earnings report. UDC posted EPS of $0.04, above the Street's expectations of a breakeven quarter. Revenues declined 5% y/o/y to $29.7M, below consensus estimates of $31.6M. Mgmt... More

Gabelli Downgrades Universal Display (OLED) to Hold

May 6, 2016 8:23 AM EDT

Gabelli downgraded Universal Display (NASDAQ: OLED) from Buy to Hold.

For an analyst ratings summary and ratings history on Universal Display click here. For more ratings news on Universal Display click here.

Shares of Universal Display closed at $56.25 yesterday.

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Universal Display (OLED) Tops Q1 EPS by 4c

May 5, 2016 5:23 PM EDT

Universal Display (NASDAQ: OLED) reported Q1 EPS of $0.04, $0.04 better than the analyst estimate of $0.00. Revenue for the quarter came in at $29.7 million versus the consensus estimate of $31.56 million.

In the first quarter, our commercial emitter revenues grew 8% year-over-year, primarily driven by strong green emitter... More