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Fly News Breaks for May 29, 2015
HIMX
May 29, 2015 | 08:54 EDT
As previously reported, Chardan downgraded Himax to Sell from Neutral. The firm said Samsung's market share drop in China could prompt Himax to lower FY15 guidance, combined with the potential for being designed out of Google Glass 2.0, prompts the sell recommendation and a reduction in price target to $4 from $5.
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