Universal Display (OLED) IV elevated into EPS and outlook

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Universal Display (OLED) PT Raised to $194 at Roth Capital

May 3, 2019 8:32 AM EDT

Roth Capital analyst Scott Searle raised the price target on Universal Display (NASDAQ: OLED) to $194.00 (from $172.00) while maintaining a Buy rating following the company's 1Q. Sales of $87.8M came in ahead of $64.3M consensus estimate. Results reflected recovering OLED industry demand for both smartphones and... More