Photronics, Inc. (PLAB) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS Mid-Point Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Below Consensus

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Go back to Photronics, Inc. (PLAB) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS Mid-Point Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Below Consensus

Stifel Downgrades Photronics (PLAB) to Hold

February 24, 2021 11:47 PM EST

Stifel analyst Patrick Ho downgraded Photronics (NASDAQ: PLAB) from Buy to Hold with a price target of $13.00.

The analyst comments "On Wednesday, Photronics reported 1Q21 (Jan) earnings ahead of expectations and provided an outlook generally in line. Coming out of earnings,... More