Needham Upgrades Photronics To Buy, Shares Surge

Analysts at Needham upgraded Photronics

from Hold to Buy. The target price for Photronics is set to $11. Photronics shares have jumped 17.61% over the past 52 weeks, while the S&P 500 index has surged 19.89% in the same period. Photronics' shares climbed 2.34% to $8.75 in pre-market trading.