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Fly News Breaks for May 28, 2015
UEIC
May 28, 2015 | 06:34 EDT
Piper Jaffray views the 8% pullback in shares of Universal Electronics since the company reported Q1 results on May 7 as a buying opportunity. Piper sees "significant upside potential" from higher volumes of advanced functionality devices. It reiterates an Overweight rating on the stock with a $68 price target.
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