tiprankstipranks
Trending News
More News >

AXT Inc. price target raised to $6 from $5.50 at B. Riley

B. Riley raised the firm’s price target on AXT Inc. (AXTI) to $6 from $5.50 and keeps a Buy rating on the shares following the Q4 report. The firm believes the company has a hidden asset in Tongmei, which could be valued at $700M when listed on Shanghai’s STAR market in coming months.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue