Oppenheimer analyst Martin Yang raised the firm’s price target on Universal Display to $180 from $160 and keeps an Outperform rating on the shares in light of recent positive news flow. The firm expects Universal Display to stay on track for further re-rating given strong secular and company-specific growth catalysts in the next 18 months.
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Published first on TheFly
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- Universal Display price target raised to $148 from $130 at Cowen
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