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OmniVision (OVTI +7.1%) is rallying ahead of this afternoon's FQ4 report, thanks to an upgrade...

OmniVision (OVTI +7.1%) is rallying ahead of this afternoon's FQ4 report, thanks to an upgrade to Overweight from JPMorgan. The firm thinks OmniVision's risk-reward is favorable following its recent selloff, and it has become more optimistic the company will win back iPhone image sensor share with the launch of the next iPhone. A recent Digitimes report said OmniVision is "believed to have secured" new iPhone and iPad design wins.
Comments (1)
  • Russ Fischer
    , contributor
    Comments (2588) | Send Message
     
    So much for the meatball at JPM. That was the worst CC I ever listened to.
    31 May 2012, 06:24 PM Reply Like
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