Zacks Investment Research downgraded shares of AXT INC (AXTI) from NEUTRAL to UNDERPERFORM on May 06, 2013, with a target price of $2.70.
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 vertical cavity surface emitting lasers.
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