Pixelworks (PXLW) Maintains Buy Recommendation, Analysts Predict 116.17% Upside

Roth Capital maintains a Buy recommendation for Pixelworks (PXLW) with an average one-year price target of $13.77/share, representing a 116.17% upside from its latest closing price of $6.37/share. The projected annual revenue is $106MM, an increase of 211.86%, and the projected annual non-GAAP EPS is -$0.25. Institutional ownership has increased by 130.72% to 833K shares, and the put/call ratio is 0.01, indicating a bullish outlook.