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Fly News Breaks for August 2, 2016
OLED
Aug 2, 2016 | 08:44 EDT
Cowen noted that Universal Display reported in-line results and unchanged guidance, which could disappoint investors with the stock trading at all-time high levels. The firm believes shares could trade lower and if so, the weakness would be a buying opportunity. Cowen reiterated its Outperform rating and $75 price target on Universal Display shares.
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