Himax +4.3% on Lake Street upgrade

Lake Street Capital has upgraded Himax (NASDAQ:HIMX) to Buy, and set a $7.50 target. The firm cites optimism about Himax's core LCD driver IC ops, and the potential for new LCoS microdisplay design wins.

The upgrade comes ahead of Himax's Thursday Q2 report. Following a rough first half of 2014, shares go for 1.1x 2014E sales.

Previous: Himax jumps following AU Optronics' earnings

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Comments (2)
  • stu.
    , contributor
    Comments (34) | Send Message
    I think that Himax is a good buy at this price also i also think that all should be A BIG BUY AT THIS PRICE
    4 Aug 2014, 04:48 PM Reply Like
  • stu.
    , contributor
    Comments (34) | Send Message
    I have looked into the price of $7.50 I KNOW this is very LOW the price will be OVER $8.50 .. Do the math, you will get the same thing..
    4 Aug 2014, 04:53 PM Reply Like
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