Universal Display (OLED) Tops Q1 EPS by 12c, provides guidance

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Universal Display (OLED) PT Raised to $172 at CFRA

May 3, 2024 8:02 AM EDT

CFRA analyst Brooks Idlet raised the price target on Universal Display (NASDAQ: OLED) to $172.00 (from $170.00) while maintaining a Hold rating.

The analyst comments "We raise our target price by $2 to $172, 35x our '24 EPS view, just above OLED's 3-year average (~34x) on... More