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Fly News Breaks for June 7, 2018
Jun 7, 2018 | 08:58 EDT
After hosting investor meetings with management, Lake Street analyst Jaeson Schmidt is increasingly confident Himax Technologies "should see strong tailwinds the rest of this year." The acceleration in the 3D sensing, TDDI, and WLO businesses could help drive upside to estimates, Schmidt tells investors in a research note. He believes the shares can work higher from here as investors gain confidence in the 3D sensing opportunity. The analyst keeps a Buy rating on Himax with a $13 price target.
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