MagnaChip (MX) Tops Q1 EPS by 2c, Beats on Revenues; Offers 2Q Revenue Outlook Above Consensus

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Magnachip Semiconductor (MX): OLED Regains Momentum - Needham & Company

May 1, 2018 12:14 PM EDT

Needham & Company analyst Rajvindra Gill reiterated a Buy rating and $15 price target on Magnachip Semiconductor (NYSE: MX) following results which showed OLED regained momentum.

Gill commented, "OLED revenue was the highlight of the qrt. while GM was inline despite wafer price headwinds.... More