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Started By
Message
re: Himax Technologies (HIMX)
Posted on 3/17/15 at 10:46 am to b-rab2
Posted on 3/17/15 at 10:46 am to b-rab2
And just like that...
Himax Technologies (HIMX) Stock Falls Today on Bank of America/Merrill Lynch Downgrade
Manipulation: off [ON]
Could dip to low-mid 6s; I'm adding more on this drop.
Himax Technologies (HIMX) Stock Falls Today on Bank of America/Merrill Lynch Downgrade
quote:
Bank of America/Merrill Lynch downgraded the stock two notches to "underperform" from "buy" and sliced its price target to $7.
The firm cited concerns about Chinese share, Samsung LCD phone sales, and limited LCoS microdisplay-related news from Google (GOOG) and Microsoft (MSFT).
The downgrade comes just two months after Bank of America/Merrill Lynch named Himax its top 2015 pick among display IC vendors.
Manipulation: off [ON]
Could dip to low-mid 6s; I'm adding more on this drop.
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