Universal Display price target lowered to $160 from $165 at Susquehanna

Susquehanna lowered the firm’s price target on Universal Display (OLED) to $160 from $165 and keeps a Neutral rating on the shares. The firm updated its estiimates Updating following its4Q24 earnings. The 2025 guide falls below consensus though was expected. But, the key disappointing take away is the “Blue” commentary; that “it remains only months away from commercialization.”