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Universal Display price target lowered to $130 from $160 at Oppenheimer

Oppenheimer lowered the firm’s price target on Universal Display (OLED) to $130 from $160 and keeps an Outperform rating on the shares. The firm says that as expected, Universal Display lowered FY26 revenue guidance to $630M-$670M from $650M-$700M on softer consumer electronics demand and reduced visibility.

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