Acacia Communications (ACIA) Reports Q2 EPS of $0.43

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Acacia Communications (ACIA) PT Raised to $100 at Needham & Company Following 'Exceptional' Q2

August 12, 2016 7:02 AM EDT

Needham & Company analyst Alex Henderson reiterated a Buy rating and raised his price target on Acacia Communications (NASDAQ: ACIA) to $100.00 (from $65.00) following an "exceptional" quarter.

Henderson commented, "Acacia reported an exceptional quarter coming in substantially ahead of the highest forecast on the street with... More