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AXT (NASDAQ:AXTI – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday, Zacks.com reports. According to Zacks, “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 […]
Analysts expect that AXT, Inc. (NASDAQ:AXTI – Get Rating) will announce sales of $40.30 million for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for AXT’s earnings. The highest sales estimate is $41.00 million and the lowest is $39.80 million. AXT posted sales of $33.74 million in the same quarter last […]
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AXT (NASDAQ:AXTI – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Zacks.com reports. The brokerage presently has a $6.50 target price on the semiconductor company’s stock. Zacks Investment Research‘s target price would suggest a potential upside of 9.80% from […]
Equities research analysts expect AXT, Inc. (NASDAQ:AXTI – Get Rating) to report earnings of $0.06 per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for AXT’s earnings, with estimates ranging from $0.05 to $0.08. AXT posted earnings per share of $0.08 during the same quarter last year, which would […]