Needham Downgrades Photon Dynamics (PHTN) to Hold

June 26, 2008 1:34 PM EDT

Needham & Co. downgrades Photon Dynamics (Nasdaq: PHTN) from Buy to Hold.

Photon Dynamics, Inc. provides yield management solutions to the flat panel display industry. It operates in two segments, Flat Panel Display and High-Performance Digital Imaging.


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