Oppenheimer Maintains Outperform on Universal Display, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Martin Yang maintains an Outperform rating on Universal Display (NASDAQ:OLED) but lowers the price target from $240 to $220.
October 31, 2024 | 6:17 pm
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Oppenheimer has maintained its Outperform rating on Universal Display but has lowered the price target from $240 to $220, indicating a slightly less optimistic outlook.
The maintenance of an Outperform rating suggests continued confidence in the stock's performance, but the lowered price target indicates a tempered outlook, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
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