UPDATE: Williams Financial Group Initiates UniPixel at Buy on New Partnership and Supply Agreements
Williams Financial Group initiated UniPixel (NASDAQ: UNXL) with a Buy rating and a $30.00 price target.
Williams Financial Group noted, "We believe UNXL is among the leaders of an industry‐wide race to replace ITO in touch panel modules. UNXL has signed a supply agreement with a leading PC OEM & a partnership agreement with TXN, which we believe validate UNXL technology.… With rapid growth of already large available markets and a low‐cost manufacturing base, if UNXL is able to execute, the company looks to have one of the best earnings leverage models in the electronics components industry."
UniPixel closed at $15.03 on Friday.
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