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Fly News Breaks for May 15, 2019
OLED
May 15, 2019 | 09:23 EDT
Goldman Sachs analyst Brian Lee reiterates a Buy rating on Universal Display with a $193 price target after meeting with the company at industry conference SID Display Week. The analyst is "generally constructive" that Universal Display's stronger than expected momentum in Q1 could persist in the near-to-medium term. Further, the company believes there is nothing to suggest any outsized inventory growth is happening at any of its key customers, Lee tells investors in a research note.
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