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Enter Symbol:
Photronics, Inc. (PLAB) [hlAlert]

down 24.19 %

Photronics, Inc. (PLAB) rated Buy with price target $14 by Needham

Posted on: Friday,  Dec 4, 2015  8:25 AM ET by Needham

Needham rated Buy Photronics, Inc. (NASDAQ: PLAB) on 12/04/2015, when the stock price was $11.82. Since
then, Photronics, Inc. has lost 24.20% as of 01/25/2016's recent price of $8.96.
If you would have followed this Needham's recommendation on PLAB, you would have lost 24.19% of your investment in 52 days.

Photronics is a leading worldwide manufacturer of photomasks. Photomasks are high precision quartz plates that contain microscopic images of electronic circuits. A key element in the manufacture of semiconductors and flat panel displays, photomasks are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, a variety of flat panel displays and, to a lesser extent, other types of electrical and optical components. They are produced in accordance with product designs provided by customers at strategically located manufacturing facilities in Asia, Europe, and North America.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2015 8:25 AM Buy
11.82 14.00
as of 8/27/2015
1 Week up  12.00 %
1 Month down  -11.63 %
3 Months down  -4.88 %
1 YTD down  -1.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2015 9:25 AM Buy
9.10 12.00
8/21/2014 12:00 AM Buy
9.02 11.00
11/14/2013 8:25 AM Hold
11/9/2011 9:25 AM Buy
5.86 8.00
8/15/2011 8:25 AM Buy
6.10 11.00
5/18/2011 8:25 AM Buy
9.06 13.00

(*) Stock Price at the time of the recommendation.
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