Susquehanna analyst Mehdi Hosseini raised his price target on Universal Display to $215 from $195 to reflect his updated SP and TV unit shipment forecasts as well as a lower tax rate. His updated estimates account for lower iPhone X shipments, but he believes that given increased Samsung and Chinese smartphone builds that impact should be minimal. The analyst said the content increases from OLED use in TVs more than offsets lower iPhone shipments and he does not feel investors recognize it. Hosseini reiterated his Positive rating on Universal Display shares.