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