AXT, Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results

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AXT, Inc. (AXTI) PT Raised to $8.50 at Needham & Company Following Strong 4Q Results

February 23, 2017 7:37 AM EST

Needham & Company analyst Y. Edwin Mok reiterates Buy rating and raises price target on AXT Inc. (NASDAQ: AXTI) to $8.50 (from $6.50), noting improving sales growth potential from InP and 3D Sensing business lines, as the company reported 2016 fourth quarter revenues and EPS above... More