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Fly News Breaks for July 10, 2019
OLED
Jul 10, 2019 | 07:41 EDT
As previously reported, Oppenheimer analyst Andrew Uerkwitz downgraded Universal Display to Perform from Outperform on valuation. Although he has not seen any near-term issues materially detrimental to his long-term thesis on Universal Display, Uerkwitz believes the stock has not sufficiently priced in rising uncertainties surrounding tier-1 handset OEMs, macro headwinds in key markets, and tension between Japan and Korea.
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