Analyst Insights: Photronics, AMC Networks May 11th
Photronics Inc. (NASDAQ:PLAB): DA Davidson expects Phototronics to report slightly stronger than expected Q2 results, and the firm thinks that the company’s fundamentals are rebounding, as it is benefiting from strength in the mainstream market and the high-end memory market. The firm reiterates a $12 target and Buy rating on the stock.
AMC Networks Inc (NASDAQ:AMCX): Susquehanna raised its price target on AMC Networks following strong Q1 results. The firm noted strong operating trends but sees limited upside thus maintaining its Neutral rating.
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