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Fly News Breaks for November 22, 2019
OLED
Nov 22, 2019 | 08:11 EDT
As reported previously, Cowen analyst Krish Sankar downgraded Universal Display to Market Perform from Outperform. The analyst noted it is a pure play name in the OLED growth theme but it trades at a premium valuation and appears to be fairly valued. Sankar raised his price target to $200 from $175 on Universal Display shares.
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