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Fly News Breaks for February 26, 2019
OLED
Feb 26, 2019 | 08:32 EDT
Roth Capital analyst Scott Searle raised his price target for Universal Display to $172 from $128 given the improving sentiment and overall outlook. The analyst notes that Universal Display reported in-line Q4 results. However, the excitement centers around OLED moving from a 2018 year of transition back into growth mode on the back of increasing industry commercial capacity, he contends. Searle reiterates a Buy rating on the shares.
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