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Fly News Breaks for September 21, 2015
HIMX
Sep 21, 2015 | 14:34 EDT
Northland's channel checks indicate Himax's Q3 is tracking in line to better, with new customer wins offsetting softness in the broader Chinese handset OEM market. The firm is currently modeling 2c/$157.2M versus consensus of 1c/$156.9M for the quarter. Northland rates Himax an Outperform with an $11 price target on shares.
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