UPDATE: Wunderlich Securities Lowers Price Target on Kopin to $5

According to Wunderlich Securities, Kopin

price target is lowered to $5. Wunderlich Securities said that it is reducing its estimates on Kopin, especially for periods between now and mid-2012, because it believes KOPN's semiconductor customers have lost more market share than it previously expected them to lose. “We are lowering our price target in accordance with our downward forecast revision, but we maintain our Buy rating.” Kopin closed yesterday at $3.42.