B of A Securities Upgrades Universal Display to Buy, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Simon Woo upgraded Universal Display (NASDAQ:OLED) from Neutral to Buy and increased the price target from $160 to $250.
December 18, 2023 | 5:13 pm
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Universal Display was upgraded by B of A Securities from Neutral to Buy, with a significant increase in price target from $160 to $250.
The upgrade from Neutral to Buy by a major analyst at B of A Securities, along with a substantial raise in the price target, is a strong positive signal to the market. This could lead to increased investor confidence and a potential short-term rise in Universal Display's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100