B. Riley Securities Maintains Buy on Axcelis Technologies, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Axcelis Technologies (NASDAQ:ACLS) but lowered the price target from $190 to $165.
August 02, 2024 | 4:03 pm
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B. Riley Securities has maintained its Buy rating on Axcelis Technologies (NASDAQ:ACLS) but lowered the price target from $190 to $165.
The maintained Buy rating suggests continued confidence in Axcelis Technologies' long-term prospects. However, the lowered price target indicates a more cautious short-term outlook, likely due to market conditions or company-specific factors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100