Market Overview

UPDATE: Oppenheimer Upgrades OmniVision Technologies to Outperform on Technological Edge

Share:
Related OVTI
OmniVision Teams Up with Precision Optics Corporation and Fujikura to Usher in Next-Generation Medical Imaging
Why A Shift To Smartcars Is A Long-Term Tailwind For Chip Makers

Oppenheimer raised its rating on OmniVision Technologies (NASDAQ: OVTI) from Perform to Outperform with a $21 price target.

Oppenheimer commented, "We note headwinds related to the competitive landscape and low gross margins; but with premium design wins and leading technologies we believe OVTI will remain a leader in the image sensor space. We expect market participants to lean heavily on this technology for differentiation."

OmniVision Technologies closed at $15.63 on Thursday.

Latest Ratings for OVTI

DateFirmActionFromTo
May 2015NeedhamDowngradesBuyHold
Dec 2014Northland SecuritiesDowngradesBuyMarket Perform
Aug 2014OppenheimerMaintainsMarket Perform

View More Analyst Ratings for OVTI
View the Latest Analyst Ratings

Posted-In: OppenheimerAnalyst Color News Guidance Upgrades Pre-Market Outlook Analyst Ratings

 

Related Articles (OVTI)

Get Benzinga's Newsletters