Universal Electronics (UEIC) Misses Q1 EPS by 2c, Miss on Revenues; Offers 2Q EPS/Revenue Guidance Below Consensus

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Go back to Universal Electronics (UEIC) Misses Q1 EPS by 2c, Miss on Revenues; Offers 2Q EPS/Revenue Guidance Below Consensus

Piper Jaffray Downgrades Universal Electronics (UEIC) to Neutral

May 4, 2018 4:16 AM EDT

Piper Jaffray downgraded Universal Electronics (NASDAQ: UEIC) from Overweight to Neutral with a price target of $46.00 (from $62.00).

Analyst Mike Olson comments "We have a high degree of conviction that more TV operators will upgrade their offerings to next-gen voice enabled... More