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home / news releases / LPL - LG Display: Consider Potential Results Miss And Favorable Developments

LPL - LG Display: Consider Potential Results Miss And Favorable Developments

LG Display Co Ltd AMERICAN DEPOSITORY SHARES

2024-04-13 07:30:23 ET

Summary

  • In the near term, I am worried about a potential first quarter results miss for LG Display.
  • But I have a favorable opinion of LPL's long-term prospects, after considering the positive read-throughs from its new supply deal with Samsung and its recent supply chain management moves.
  • I maintain a Hold rating for LG Display in view of its Q1 2024 results preview and its latest developments.

Elevator Pitch

LG Display Co., Ltd. ( LPL ) [034220:KS] shares are still rated as a Hold.

My January 27, 2024 initiation piece was focused on the evaluation of LG Display's Q4 2023 financial performance and its financing plans. In this update, I preview LPL's Q1 2024 results and assess its latest developments....

For further details see:

LG Display: Consider Potential Results Miss And Favorable Developments
Stock Information
Company Name: LG Display Co Ltd AMERICAN DEPOSITORY SHARES
Stock Symbol: LPL
Market: NYSE
Website: lgdisplay.com
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