Samsung Display and Universal Display Corporation (OLED) Enter into Long-Term OLED Agreements

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Go back to Samsung Display and Universal Display Corporation (OLED) Enter into Long-Term OLED Agreements

Universal Display's (OLED) Samsung contract extension a positive - Deutsche Bank

December 5, 2022 2:10 PM EST

On Monday, Universal Display (NASDAQ: OLED) announced the signing of long-term OLED material supply and license agreements with Samsung Display Ltd. (SDC).

The company said the agreements, which are scheduled to run through to December 31, 2027, with a potential extension of two years, mean Universal Display... More

Universal Display (OLED) Samsung Contract Extension Remove Some Uncertainties - Deutsche Bank

December 5, 2022 12:13 PM EST

Deutsche Bank analyst Sidney Ho reiterated a Buy rating and $130.00 price target on Universal Display (NASDAQ: OLED), saying today's contract extension with Samsung removes some uncertainties.

The analyst commented, "We view today's contract extension with Samsung positively, as it removes uncertainty... More