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Fly News Breaks for July 12, 2019
HIMX
Jul 12, 2019 | 06:39 EDT
Roth Capital analyst Suji De Silva downloaded Himax Technologies to Neutral from Buy and lowered his price target for the shares to $3.50 from $5. In a research note to investors, the analyst says that while Himax has strong technology offerings across smartphone display driver and 3D sensing, he believes recent macro, smartphone demand and 3D sensing competitive updates are hampering the company's near-term growth opportunity.
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