H.C. Wainwright Thinks eMagin’s Stock is Going to Recover


H.C. Wainwright analyst Kevin Dede maintained a Buy rating on eMagin (NYSE MKT: EMAN) today and set a price target of $4. The company’s shares closed yesterday at $1.50, close to its 52-week low of $1.23.

According to TipRanks.com, Dede is ranked #4667 out of 4798 analysts.

eMagin has an analyst consensus of Moderate Buy, with a price target consensus of $4.

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The company has a one-year high of $3 and a one-year low of $1.23. Currently, eMagin has an average volume of 254.9K.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EMAN in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

eMagin Corp. engages in the manufacture and trade of microdisplays from organic light emitting diode (OLED) technology. It designs, develops and markets OLED on silicon microdisplays, prism optics, and virtual imaging products. The company was founded on January 23, 1996 and is headquartered in Hopewell Junction, NY.

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