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Enter Symbol:
 
Axcelis Technologies, Inc. (ACLS) [hlAlert]

Rating:
Buy ACLS
up 27.53 %

Axcelis Technologies, Inc. (ACLS) rated Buy with price target $3.50 by Needham

Posted on: Thursday,  Jan 9, 2014  11:25 AM ET by Needham

Needham rated Buy Axcelis Technologies, Inc. (NASDAQ: ACLS) on 01/09/2014, when the stock price was $2.47. Since
then, Axcelis Technologies, Inc. has gained 27.53% as of 01/27/2016's recent price of $3.15.
If you would have followed this Needham's recommendation on ACLS, you would have gained 27.53% of your investment in 748 days.

Axcelis Technologies is a leading producer of ion implantation equipment used in the fabrication of semiconductors. The company also produces dry strip, photostabilization and rapid thermal processing equipment, which is used in semiconductor manufacturing primarily before and after the ion implantation process. In addition, the company provides extensive aftermarket service and support, including spare parts, equipmentupgrades, maintenance services and customer training.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2014 11:25 AM Buy
None
2.47 3.50
as of 10/17/2014
1 Week up  7.77 %
1 Month down  -0.51 %
3 Months up  7.18 %
1 YTD down  -21.45 %

(*) Stock Price at the time of the recommendation.
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