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Fly News Breaks for November 4, 2019
ACLS
Nov 4, 2019 | 09:03 EDT
Craig-Hallum analyst Christian Schwab upgraded Axcelis to Buy from Hold with a price target of $27, up from $18. In a research note to investors, Schwab says the company reported solid results and reiterated Q3 to have been the low of the recent down cycle. The analyst says the company believes it can drive its $550M annual revenue model within two years.
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