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Axcelis price target lowered to $120 from $145 at B. Riley
The Fly

Axcelis price target lowered to $120 from $145 at B. Riley

B. Riley lowered the firm’s price target on Axcelis (ACLS) to $120 from $145 and keeps a Buy rating on the shares following the Q3 report. The firm believes consensus earnings cuts were well discounted.

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