Morgan Keegan Provided Color on OmniVision Technologies, Market Perform

Morgan Keegan provided color on OmniVision Technologies OVTI before the company announces its Q1 earnings results on Thursday, May 26. In a research report published today, Morgan Keegan states, "We continue to believe the risk/reward ratio is unfavorable given the increased competition and high dependence on Apple products, which could lead to pressure on the stock if a second supplier is brought on board for the iPhone 5. Reiterating our Market perform rating." On Tuesday, OmniVision added 1.55% to its value to close the day at $35.38. Its shares lost some of its value in today's pre-market trading, however, falling 0.06% to $35.36.