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Strategies & Market Trends : LPL -- leader in World's TV Industry
LPL 5.025+3.9%11:47 AM EDT
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From: Cooters4/16/2021 10:31:16 AM
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DJ LG Display May Benefit from Stronger OLED Demand in 2021 -- Market Talk
9:29 PM ET 4/13/21 | Dow Jones

0129 GMT - LG Display may benefit from stronger-than-expected demand for organic light-emitting diode panels, CAPE Investment & Securities says. The brokerage expects the South Korean flat-screen firm to boost white-OLED production at its Guangzhou plant in China and exceed its annual target for 2021. CAPE also notes that LG's plastic-OLED shipments to North America are unusually strong in 1H and forecasts shipments to the U.S. to rise by 54% in 2021. The brokerage raises its operating-profit forecast for LG Display by 27% this year. It raises the stock's target by 11% to KRW30,000 and keeps a buy rating. Shares are 0.4% higher at KRW24,750.
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