Raymond James Upgrades OmniVision Technologies (OVTI) to Market Perform

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OmniVision (OVTI) PT, Estimates Raised at Northland Capital Markets

August 29, 2014 8:18 AM EDT

Northland Capital Markets analyst Tom Sepenzis reiterated an Outperform rating and lifted his price target on OmniVision Technologies (NASDAQ: OVTI) to $31.00 (from $28.00) following solid Q1 results.

Sepenzi commented, "Omnivision reported higher top-line and bottom-line results driven by accelerating sales in its smartphone and automotive... More

Omnivision (OVTI) Tops Q1 EPS by 39c; Issues Confident Q2 Outlook

August 28, 2014 4:21 PM EDT

Omnivision Technologies, Inc. (Nasdaq: OVTI) reported Q1 EPS of $0.91, $0.39 better than the analyst estimate of $0.52. Revenue for the quarter came in at $406.5 million versus the consensus estimate of $381.5 million.

"We are pleased with our strong results for the first quarter, driven primarily by... More