Sidoti upgraded shares of Universal Electronics ( NASDAQ:UEIC – Get Rating ) from a neutral rating to a buy rating in a report issued on Wednesday morning, MarketBeat reports. Sidoti currently has $16.00 target price on the technology company's stock. A number of other equities research analysts have also recently commented on the stock. StockNews.com cut shares of Universal Electronics from a strong-buy rating to a hold rating in a research note on Monday, February 20th. B. Riley cut shares of Universal Electronics from a buy rating to a neutral rating and lifted their price objective for the company from $22.

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