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Fly News Breaks for May 3, 2017
OLED
May 3, 2017 | 07:25 EDT
Cowen analyst Robert Stone raised his price target on Universal Display (OLED) to $105 from $90 ahead of Q1 results as he sees room for upside, citing new emitter materials and non-Samsung (SSMLF) license/royalties, expectations for full year guidance to remain unchanged, and positive industry momentum. Stone reiterated his Outperform rating on Universal Display shares.
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