Information Provided By:
Fly News Breaks for July 21, 2017
HIMX
Jul 21, 2017 | 08:41 EDT
Rosenblatt analyst Jun Zhang downgraded Himax to Sell and cut its price target to $6 saying a price war is shrinking the panel driver TAM and expectations are for the company's WLO/DOE business. Additionally, the analyst said TV inventory levels have increased recently and expects TV makers to start cutting fully ear shipment targets and expects Q3 year-over-year panel shipments will drop 8%-9%, which will also impact panel driver IC shipment volumes.
News For HIMX From the Last 2 Days
There are no results for your query HIMX