LG Display set to mass produce 19.5-inch LCD monitor panels, DigiTimes says LG Display (LPL) is expected to start mass producing 19.5-inch LCD monitor panels by the end of March, reports DigiTimes. According to industry sources, the company is expected to land orders from well-known LCD monitor vendors in Q2 and Q3 due to the competitive edge for the 19.5-inch size. Reference Link
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: Baytex Energy (BTE) downgraded to Sector Performer from Outperformer at CIBC... CarMax (KMX) downgraded to Perform from Outperform at Oppenheimer... Cytec Industries (CYT) downgraded to Hold from Buy at Jefferies... LG Display (LPL) downgraded to Underperform from Neutral at BofA/Merrill... Magna (MGA) downgraded to Sector Performer from Outperformer at CIBC... Norilsk Nickel (NILSY) downgraded to Neutral from Overweight at JPMorgan... Sherwin-Williams (SHW) downgraded to Neutral from Buy at Longbow... Volkswagen (VLKAY) downgraded to Hold from Buy at Deutsche Bank.
LG Display downgraded to Underperform from Neutral at BofA/Merrill BofA/Merrill downgraded LG Display to Underperform following checks that indicate weaker than normal trends in second half sales volumes and blended ASPs.