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Fly News Breaks for February 13, 2020
Feb 13, 2020 | 14:28 EDT
Roth Capital analyst Suji Desilva upgraded Himax to Buy from Neutral after the company reported Q4 revenue growth that illustrated broad display driver growth across both large and small panel segments. Himax also issued guidance that was well ahead of consensus and reflected a broad ramp across multiple key segments, said Desilva. The analyst raised his price target on Himax shares to $7 from $4, citing the improved prospects and visibility across its core segments.
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