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HIMX

Himax

$4.85 /

+0.155 (+3.30%)

13:52
02/13/20
02/13
13:52
02/13/20
13:52

Himax price target raised to $6.50 from $5.00 at Lake Street

Lake Street analyst Jaeson Schmidt raised his price target on Himax shares to $6.50 from $5.00 following the company's Q4 report, telling investors he is "hard pressed to find anything to pick at" given that revenue, gross margins and earnings guidance all beat consensus estimates. The guidance "is even more impressive" since management said they took an approximate 10% haircut on their outlook to reflect the uncertainty of the coronavirus, according to Schmidt, who keeps a Buy rating on Himax shares.

  • 13

    Feb

HIMX Himax
$4.85 /

+0.155 (+3.30%)

01/31/20 Lake Street
Himax upgraded to Buy from Hold at Lake Street
01/06/20 Credit Suisse
Himax upgraded to Neutral from Underperform at Credit Suisse
09/17/19 Lake Street
Himax price target lowered to $2.50 from $3 at Lake Street
08/09/19 Credit Suisse
Himax downgraded to Underperform from Neutral at Credit Suisse

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