Axcelis Technologies (ACLS) Tops Q1 EPS by 33c ; Offers Guidance

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Axcelis Technologies (ACLS) PT Lowered to $150 at DA Davidson

May 3, 2024 5:19 AM EDT

DA Davidson analyst Thomas Diffely lowered the price target on Axcelis Technologies (NASDAQ: ACLS) to $150.00 (from $175.00) while maintaining a Buy rating.

The analyst comments "As reflected in the table below, we are lowering our 2024 estimates to reflect a delayed memory recovery. We are leaving... More