UPDATE: Williams Financial Group Initiates UniPixel at Buy on New Partnership and Supply Agreements

Williams Financial Group initiated UniPixel (NASDAQ: UNXL [FREE Stock Trend Analysis]) with a Buy rating and a $30.00 price target.

Williams Financial Group noted, "We believe UNXL is among the leaders of an industry‐wide race to replace ITO in touch panel modules. UNXL has signed a supply agreement with a leading PC OEM & a partnership agreement with TXN, which we believe validate UNXL technology.… With rapid growth of already large available markets and a low‐cost manufacturing base, if UNXL is able to execute, the company looks to have one of the best earnings leverage models in the electronics components industry."

UniPixel closed at $15.03 on Friday.