B. Riley Securities Maintains Buy on Axcelis Technologies, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Axcelis Technologies (NASDAQ:ACLS) and raised the price target from $155 to $175.
June 20, 2024 | 12:25 pm
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B. Riley Securities has maintained its Buy rating on Axcelis Technologies and raised the price target from $155 to $175, indicating strong confidence in the company's future performance.
The raised price target from $155 to $175 by B. Riley Securities suggests a positive outlook for Axcelis Technologies. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100