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Stock Market & Financial Investment News

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August 14, 2014
15:15 EDTOVTIOmniVision price target rasied to $32 following Hua Capital offer at Needham
Needham raised its price target on OmniVision to $32 from $27 following Hua Capital Management's preliminary offer to acquire all the company's shares at $29 per share cash. The analyst believes a deal near $32 is more likely given recent industry transactions, the likelihood of a higher bid and potential for other bidders to emerge. Shares are Buy rated.
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