Zacks Investment Research downgraded shares of AXCELIS TECH (ACLS) from NEUTRAL to UNDERPERFORM on February 10, 2014, with a target price of $2.00.
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, equipment upgrades, maintenance services and customer training.
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