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Strategies & Market Trends : LPL -- leader in World's TV Industry

LPL 5.010

+3.9%

Oct 31 9:30 AM EST

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From: Cooters	1/28/2021 11:25:03 AM
	of 76

LG Display May Face Risk of Slower Panel Demand in 2021 -- Market Talk LG Display might face the risk of slower demand for flat-screen panels used in TVs and IT products in 2021, as well as possible increased output from Chinese panel makers which could weaken TV panel prices, Nomura says. The Japanese investment bank downgrades its rating to neutral from buy, suggesting less room to rise after the stock surged 80% since July. Still, Nomura expects LG Display to swing to an operating profit on steady revenue growth in 2021. Nomura raises its target price by 19% to KRW25,000. Shares are 0.4% higher at KRW23,000.

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