Information Provided By:
Fly News Breaks for November 7, 2016
HIMX
Nov 7, 2016 | 15:08 EDT
As previously reported, Morgan Stanley downgraded Himax to Equal Weight from Overweight and lowered its price target to $8.10 from $10.80. Analyst Charlie Chan said the upcoming Q3 report and guidance will be lackluster and lowered his rating due to slower-than-expected growth in both AMOLED and AR smart glasses. The analyst lowered his Q3 GAAP earnings estimate to 75c from 79c and expects Q4 revenue to decline 10% quarter-over-quarter, versus previous expectations for flattish growth.
News For HIMX From the Last 2 Days
There are no results for your query HIMX
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.