Form 8-K AXCELIS TECHNOLOGIES For: Nov 03

Go back to Form 8-K AXCELIS TECHNOLOGIES For: Nov 03

Axcelis Technologies (ACLS) PT Raised to $64 at Needham & Company

November 5, 2021 7:11 AM EDT

Needham & Company analyst Quinn Bolton raised the price target on Axcelis Technologies (NASDAQ: ACLS) to $64.00 (from $50.00) while maintaining a Buy rating.

The analyst commented, "Axcelis delivered a strong beat-and-raise quarter, and reported record system bookings and revenue for 3Q21. The guidance... More