eMagin (EMAN) Cut to Sell at Zacks Investment Research
Zacks Investment Research lowered shares of eMagin (NYSEAMERICAN:EMAN) from a hold rating to a sell rating in a report released on Monday.
According to Zacks, “eMagin Corporation is a leading developer of virtual imaging technology, eMagin combines integrated circuits, microdisplays, and optics to create a virtual image equivalent to the real image of a computer monitor or large screen TV. These miniature, high-performance, virtual imaging modules provide access to information-rich text, data, and video which can facilitate the opening of new mass markets for wearable PCs, wireless Internet appliances and mobile phones, portable DVD-viewers, digital cameras, and other emerging applications. “
Several other equities analysts have also recently commented on the stock. Oppenheimer reaffirmed a hold rating on shares of eMagin in a research note on Friday, November 10th. HC Wainwright reaffirmed a buy rating and set a $4.00 price objective on shares of eMagin in a research note on Friday, November 10th.
eMagin Corporation is engaged in the manufacture of microdisplays using organic light emitting diode (OLED) technology. The Company designs, develops, manufactures and markets OLED on silicon microdisplays, virtual imaging products that utilizes OLED microdisplays and related products. The Company also performs research in the OLED field.
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