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Enter Symbol:
 
Universal Display Corp. (OLED) [hlAlert]

Rating:
Buy OLED
down 32.52 %

Universal Display Corporation (OLED) rated Buy with price target $62 by Needham

Posted on: Tuesday,  May 26, 2015  8:25 AM ET by Needham

Needham rated Buy Universal Display Corporation (NASDAQ: OLED) on 05/26/2015, when the stock price was $54.64. Since
then, Universal Display Corporation has lost 32.52% as of 01/20/2016's recent price of $36.87.
If you would have followed this Needham's recommendation on OLED, you would have lost 32.52% of your investment in 239 days.

Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials. OLEDs are thin and lightweight solid-state devices that emit light, making them suitable for use in full-color displays and as lighting products. The Company develops and licenses its OLED technologies to manufacturers of products for display applications, such as cell phones, moving picture experts group layer-3 audio (MP3) players, laptop computers and televisions, and specialty and general lighting products. The Company also develops OLED materials and sells those materials to product manufacturers. Through its internal research and development efforts and its relationships with partners, such as Princeton University, the University of Southern California, the University of Michigan, Motorola, Inc. and PPG Industries, Inc., the Company has established a portfolio of its own OLED technologies and materials.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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