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

Rating:
Underperform
ACLS
up 31.11 %

Axcelis Technologies, Inc. (ACLS) rated Underperform with price target $5 by Broadpoint Capital

Posted on: Friday,  May 2, 2008  8:25 AM ET by Broadpoint Capital

Broadpoint Capital rated Underperform Axcelis Technologies, Inc. (NASDAQ: ACLS) on 05/02/2008. Previously Broadpoint Capital rated Underperform Axcelis Technologies, Inc. (NASDAQ: ACLS) on
01/29/2008., when the stock price was $4.13. Since then, Axcelis Technologies, Inc. has lost 23.73% as of 01/27/2016's recent price of $3.15.
If you would have followed the previous Broadpoint Capital's recommendation on ACLS, you would have gained 31.11% of your investment in 2920 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.

Broadpoint Capital, Inc. is an investment banking and capital markets firm that provides corporate and public finance services and trading of corporate, government, and municipal securities for institutions. The company has three divisions: Municipal Capital Markets division, which underwrites and trades municipal securities in new issue and secondary markets; Taxable Fixed Income division, which is a dealer focusing on fixed income securities with limited liquidity; and Equity Capital Markets division, which is a sector-focused investment banking group providing research, trading, raising of capital and advisory services for institutional and corporate clients. Broadpoint Capital, formerly known as First Albany Corporation, was founded in 1953 and is based in New York, New York. The company operates as a subsidiary of First Albany Companies Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2008 8:25 AM Sell
None
5.65 5.00
as of 12/24/2008
1 Week down  -4.16 %
1 Month down  -66.66 %
3 Months down  -78.57 %
1 YTD up  1.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2008 8:25 AM Sell
None
4.13 3.50

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