Himax sell-off on potential deal a buying opportunity, says Topeka Topeka views the sell-off in shares of Himax (HIMX) following news of a potential acquisition of Renesas' SP Driver venture by Synaptics (SYNA) as overdone. The firm believes the potential merger between a display driver and touch vendor validates Himax's strategy, and that the possible deal valuation implies Himax shares are attractive. Topeka recommends adding to Himax positions at current levels and reiterates a Buy rating on the name.
News For HIMX;SYNA From The Last 14 Days
Check below for free stories on HIMX;SYNA the last two weeks.