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

Rating:
Buy ACLS
up 94.44 %

Axcelis Technologies, Inc. (ACLS) rated Buy by Citigroup

Posted on: Wednesday,  Sep 17, 2008  8:25 AM ET by Citigroup

Citigroup rated Buy Axcelis Technologies, Inc. (NASDAQ: ACLS) on 09/17/2008, when the stock price was $1.62. Since
then, Axcelis Technologies, Inc. has gained 94.44% as of 01/27/2016's recent price of $3.15.
If you would have followed this Citigroup's recommendation on ACLS, you would have gained 94.44% of your investment in 2688 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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/17/2008 8:25 AM Buy
None
1.62
as of 12/24/2008
1 Week up  4.16 %
1 Month up  66.66 %
3 Months up  78.57 %
1 YTD down  -1.96 %

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