Needham Reiterates Buy on AXT, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on AXT (NASDAQ:AXTI) and maintained a $5 price target.
November 01, 2024 | 10:50 am
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Needham analyst Charles Shi has reiterated a Buy rating on AXT and maintained a $5 price target, indicating confidence in the stock's potential.
The reiteration of a Buy rating and maintenance of a $5 price target by a reputable analyst suggests a positive outlook for AXT. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100