Roth MKM Maintains Buy Rating for Universal Display: Here's What You Need To Know

Roth MKM has decided to maintain its Buy rating of Universal Display OLED and lower its price target from $196.00 to $176.00.

Shares of Universal Display are trading up 0.0% over the last 24 hours, at $141.96 per share.

A move to $176.00 would account for a 23.98% increase from the current share price.

About Universal Display

Universal Display Corp researches, develops and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to a light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.