Axcelis Technologies (ACLS) Tops Q2 EPS by 33c

Go back to Axcelis Technologies (ACLS) Tops Q2 EPS by 33c

Axcelis Technologies (ACLS) PT Raised to $93 at Stifel; 'Trailing-Edge Momentum Continues'

August 4, 2022 12:36 PM EDT

Stifel analyst Patrick Ho raised the price target on Axcelis Technologies (NASDAQ: ACLS) to $93.00 (from $86.00) while maintaining a Buy rating following results as trailing-edge momentum continues.

The analyst commented, "Following Axcelis 2Q22 (June) earnings conference call, we came away more encouraged on its near-term... More