Himax Technologies (HIMX) Posts Q1 EPS of 9c; Guides Q2; Offers Update
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UPDATE: Chardan Capital Markets Downgrades Himax Technologies (HIMX) to Sell
May 8, 2014 10:17 AM EDT(Updated - May 8, 2014 10:27 AM EDT)
Chardan Capital Markets downgraded Himax Technologies (NASDAQ: HIMX) from Neutral to Sell with a price target of $6.00. Analyst Jay Srivatsa thinks an inventory build up at Samsung could extend beyond Q2. He also thinks a ramp in Google Glass will be delayed from H1 to possibly early 2015.
"In our preview note on May 7, we had projected HIMX guidance could be... More
