Universal Display (OLED) Misses Q3 EPS by 12c

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Universal Display (OLED) PT Lowered to $245 at Needham & Company

November 5, 2021 7:10 AM EDT

Needham & Company analyst James Ricchiuti lowered the price target on Universal Display (NASDAQ: OLED) to $245.00 (from $275.00) while maintaining a Buy rating.

The analyst commented, "UDC posted modestly lower-than-expected Q3 results after the close yesterday. Revenues increased 23% y/o/y versus Street expectations of... More