UniPixel Inc (NASDAQ:UNXL), a provider of Performance Engineered Films to the touch screen, flexible printed electronics and display markets, said Monday it appointed Jeff Hawthorne as chief executive, president and a director.
Hawthorne, who has been acting as an operational consultant for the company, succeeds Bernard Marren and Carl Yankowski, who were serving as interim co-CEO and co-president, respectively. Marren will remain chairman and Yankowski will continue to serve as a company director.
Marren will also return to the position of chairman of the compensation committee, with Yankowski returning to chairman of the audit committee.
Shares were up 1.2% at $7.40 shortly after the open, in a 52-week range of $7.12 to $41.42.
Analysts have a consensus price target of $42 on UniPixel Inc (NASDAQ:UNXL) which indicates a 485% upside. The consensus rating of the stock is a HOLD with a score of 2.17. There are currently 1 Sell Rating, 2 Buy ratings and 1 Sell rating on the stock.
A recent analyst action consisted of Ladenbug boosting their price target from $40 to $67 on May 1st, 2013.
Suggested Reading: Best Engineering Colleges in America
