Zacks Investment Research upgraded shares of UNIVL ELECTRS (UEIC) from NEUTRAL to OUTPERFORM on October 04, 2012, with a target price of $19.70.
Universal Electronics Inc. develops software, and builds and markets pre-programmed, easy-to-use wireless control devices and chips principally for home entertainment equipment and the subscription broadcast market. The company's product lines under development include wireless interface technologies, such as combination keyboard/remotes and touch-screen remotes. The company licenses its patented technologies and database of infrared codes to companies selling into the cable and satellite industries, and to original equipment manufacturers. (PRESS RELEASE)
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