Form DEFA14A AXT INC
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AXT, Inc. (AXTI) PT Raised to $5 at Craig-Hallum, 'Positioned Well For AI Upside'
April 9, 2024 9:02 AM EDTCraig-Hallum analyst Richard Shannon raised the price target on AXT, Inc. (NASDAQ: AXTI) to $5.00 (from $3.75) while maintaining a Buy rating.
The analyst comments "AXTI preannounced solid 1Q results with sales expected to be in the range of $22.4-22.7M, modestly exceeding the upper end of their previous guidance range of $20-22M. AXTI indicated they... More
