Himax Technologies (HIMX) Posts In-Line EPS, Sales Misses; Guides Q3 EPS In-Line

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Baird Upgrades Himax Technologies (HIMX) to Outperform

August 4, 2017 5:58 AM EDT

Baird upgraded Himax Technologies (NASDAQ: HIMX) from Neutral to Outperform with a price target of $10.00 (from $6.00).

Analyst Tristan Gerra believes the company is well positioned for initial 3D camera module shipments in 2018.

FY 2017 EPS estimate rises form $0.10 to $0.12 and FY 2018 EPS estimate... More