Needham Reiterates Buy on AXT, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi reiterates a Buy rating on AXT (NASDAQ:AXTI) and maintains a $5 price target.
August 02, 2024 | 9:55 am
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Needham analyst Charles Shi reiterates a Buy rating on AXT (NASDAQ:AXTI) and maintains a $5 price target.
The reiteration of a Buy rating and the maintenance of a $5 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100