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photronics reports earnings beat and analysts raise target price to thirty five
Photronics, Inc. reported earnings of $0.52 per share for the last quarter, surpassing expectations of $0.47, with revenues of $212.14 million. Analysts project an annual EPS of 2.3, while DA Davidson raised its target price to $35.00, maintaining a "buy" rating. Institutional investors hold 88.38% of the company's stock, with recent insider sales totaling 209,000 shares.
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