Acacia Communications (ACIA) Tops Q1 EPS by 12c; Warns for Q2

Go back to Acacia Communications (ACIA) Tops Q1 EPS by 12c; Warns for Q2

Acacia Communications (ACIA) PT Lowered to $65 at Needham & Company Amid Weak Guide on China

May 10, 2017 6:27 AM EDT

Needham & Company lowered its price target on Acacia Communications (NASDAQ: ACIA) to $65.00 (from $100.00) while maintaining a Buy rating.

Analyst Alex Henderson notes the company stated the weak 2Q is primarily due to China but they also had a lower guide on DCI due to... More