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Universal Display added to US Conviction List at Goldman Sachs

Goldman Sachs analysts added Universal Display (OLED) to the firm’s US Conviction List as part of its monthly update. Goldman has a Buy rating on the shares with a $183 price target The company is poised to introduce a new material, blue, that will allow its customers to build displays that use less energy and thus extend battery life for devices like smartphones and tablets, the analyst tells investors in a research note.

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