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

LPL 4.985

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From: Cooters	12/15/2020 3:10:36 PM
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This was out Monday morning so not the reason for today... DJ LG Display May Swing to Profit in 2021 After Two-Year Loss -- Market Talk 1:27 AM ET 12/14/20 \| Dow Jones 0627 GMT - LG Display may swing to an operating profit in 2021 after two consecutive years of making loss, Shinhan Investment says. The brokerage expects the Korean flat-screen maker to post a profit of KRW1.003 trillion next year on solid demand for organic-light-emitting-diode products for smartphones and TVs, as well as high-margin IT screen panels. The company is forecast to report an estimated loss of KRW418.4 billion in 2020, following the loss of KRW1.359 trillion in 2019, Shinhan says. The brokerage raises the stock's target by 5% to KRW21,000 and maintains a buy rating. Shares are up 1.2% at KRW16,850. -- fyi KRW/US$ is a little less than 1000/1, so they are talking over $1B in operating profit and a $21+ price target

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