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Fly News Breaks for October 21, 2015
HIMX
Oct 21, 2015 | 06:49 EDT
Northland analyst Tom Sepenzis downgraded Himax Technologies to Market Perform saying the company is seeing pressure across most of its current markets. "Intense" competition in small/medium panels, lower unit sell-through in large panels and pricing pressure in CMOS image sensors make it likely Himax will miss Q4 Street estimates, Sepenzis contends. He cut his price target for shares to $8 from $11.
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