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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App