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Universal Display (PANL -10.6%) sinks after missing Q1 estimates, and analysts are profoundly...

  • Thursday, May 10, 2012, 11:55 AM ET
    Universal Display (PANL -10.6%) sinks after missing Q1 estimates, and analysts are profoundly split in their opinions. Reiterating its Buy rating, Goldman sees "little risk" to 2012 revenues, with the take from Samsung lower than expected but better than the bear case. But Piper Jaffray reiterates an Underperform rating, with uncertainty in green emitter sales a risk to expectations.
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    There is another possible explanation - why are Dow Chemical people bragging they are selling more OLED materials than any other producer (including UDC)? There is not a lot of PM -OLED production and only Samsung is really cranked up on AM-OLED.
    10 May 2012, 03:16 PM Reply Like
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