FollowAnalysts at Chardan Capital Markets have downgraded their coverage of Himax Technologies, Inc. (HIMX) to a sell rating from neutral.
The firm set its price target on the stock at $6 per ADR, which is 22% below its current trading price.
In the pre-market session, ADRs of HIMX are down 2% at $7.57, and move within a 52-week frame of $4.76 – $16.15.
The following two tabs change content below.
Kevin is a content-crafter at Wallstreet OTC specializing in editorial and news. He promised us that he will keep his articles short but he always seem to stop only when the character count maximum.
