Axcelis Technologies (ACLS) Tops Q1 EPS by 2c; Issues Solid Outlook

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Go back to Axcelis Technologies (ACLS) Tops Q1 EPS by 2c; Issues Solid Outlook

Needham & Company Sees Favorable Environment Ahead For Axcelis Technologies, Inc. (ACLS); PT Lifted

May 6, 2015 8:44 AM EDT

Needham & Company reiterates their Buy rating on Axcelis Technologies, Inc. (NASDAQ: ACLS) and raises the price target to $4.50 (from $4) after a favorable quarter. 1Q15 was driven by impressive growth in system sales. Axcelis guidance exceeds consensus and calls for continued demand.

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