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Fly News Breaks for August 4, 2017
HIMX
Aug 4, 2017 | 08:22 EDT
As reported previously, Baird analyst Tristan Gerra upgraded Himax to Outperform form Neutral based on incremental revenue and mix opportunities from 3D sensors starting next year. He said the ramp remains solidly on track, but the stock's valuation does not seem to reflect the 3D camera module ramp opportunities. Gerra raised his price target to $10 from $6 on Himax shares.
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