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Axt Inc (AXTI) [hlAlert]


Axt Inc (AXTI) downgraded to Hold with price target $6.80 by Roth Capital

Posted on: Thursday,  Jan 3, 2008  8:25 AM ET by Roth Capital

Roth Capital rated Hold Axt Inc (NASDAQ: AXTI) on 01/03/2008. Previously Roth Capital rated Buy Axt
Inc (NASDAQ: AXTI) on 11/14/2007., when the stock price was $4.47. Since then, Axt Inc has gained 40.04% of its value until Roth Capital rated AXTI Buy on 01/03/2008, when the price was $6.26. .

AXT, Inc., designs, develops, manufactures and distributes high-performance compound semiconductor substrates, as well as opto-electronic semiconductor devices such as high-brightness light emitting devices, and vertical cavity surface emitting lasers.

ROTH researches emerging growth equities in the media, technology, telecommunications, healthcare, consumer, energy and industrial sectors. The research is focused on companies with market capitalization of between $100 million - $1 billion. Our coverage universe includes approximately 180 small cap growth companies around the globe including several companies from China. With an average market cap of approximately $500 million, our objective is to identify rapidly growing companies with significant long term growth prospects.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2008 8:25 AM Buy
5.93 6.80
as of 12/24/2008
1 Week up  4.49 %
1 Month up  30.98 %
3 Months down  -11.42 %
1 YTD down  -31.11 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2008 8:25 AM Hold
6.26 6.80
11/14/2007 9:25 AM Buy
4.47 6.40
10/26/2007 9:25 AM Hold
4.87 6.00

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