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Strategies & Market Trends : LPL -- leader in World's TV Industry
LPL 5.010+3.9%Oct 31 9:30 AM EDT
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From: Cooters1/21/2021 9:51:07 AM
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DJ LG Displays 4Q Earnings May Beat Market Views -- Market Talk
9:13 PM ET 1/20/21 | Dow Jones

0213 GMT - LG Display's 4Q earnings are likely to beat market views thanks to solid demand for TVs and IT products, Daiwa Capital says. The Japanese investment bank forecasts the South Korean flat-screen maker's operating profit will more than triple in 4Q from the prior quarter and swing from an operating loss during the same period a year earlier. Daiwa says higher prices for liquid-crystal-display panels and increasing shipments of plastic organic light-emitting diode panels are driving solid earnings growth. Daiwa raises the stock's target by 28% to KRW23,000 and retains its outperform rating. Shares are up 9.9% at KRW23,350.
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