Roth MKM Maintains Buy Rating for Universal Display: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Roth MKM has maintained its Buy rating for Universal Display (NASDAQ:OLED) but lowered its price target from $196.00 to $176.00. Universal Display's shares are currently trading at $141.96, and a move to $176.00 would represent a 23.98% increase.
November 03, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Roth MKM has maintained its Buy rating for Universal Display but lowered its price target. This could potentially lead to increased investor interest and a rise in the stock's price.
Analyst ratings can significantly influence investor sentiment. In this case, Roth MKM's decision to maintain a Buy rating for Universal Display indicates a positive outlook for the company. However, the lowering of the price target might indicate a more conservative estimate of the company's future performance. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100