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Universal Display price target lowered to $162 from $200 at Citi

Citi lowered the firm’s price target on Universal Display (OLED) to $162 from $200 and keeps a Neutral rating on the shares. The firm believes the stock is fairly valued and awaits updates during the December quarter earnings call on the state of blue emitters commercialization and OLED adoption outlook across broad end markets in 2025.

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