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Fly News Breaks for May 12, 2017
UNXL
May 12, 2017 | 08:29 EDT
Benchmark analyst noted that an issue with materials provided by one of UniPixel's top suppliers caused significant yield issues in Q1. While he believes the issue is now behind them, he has pushed back his expectations for a revenue ramp. He lowered his price target on UniPixel shares to $1.00 from $1.80 and keeps a Speculative Buy rating on the stock.
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