Universal Display (OLED) PT Lowered to $125 at Needham & Company

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Universal Display (OLED) PT Lowered to $120 at Oppenheimer

November 2, 2018 9:32 AM EDT

Oppenheimer analyst Andrew Uerkwitz lowered the price target on Universal Display (NASDAQ: OLED) to $120.00 (from $140.00) while maintaining a Outperform rating.

Uerkwitz commented, "OLED reported 3Q18 revenue/EPS of $77.6M/$0.49, lower than consensus of $91.4M/$0.66E and our $90.8M/$0.64E. Annual guidance... More