AXT, Inc. (NASDAQ:AXTI) Just Reported And Analysts Have Been Lifting Their Price Targets

By Yahoo! Finance | Aug 4, 2024 at 08:20 AM EST

AXT, Inc. reported strong Q2 results, exceeding revenue and loss expectations. Analysts upgraded forecasts for 2024, expecting revenue growth of 18% and a decrease in losses. Price target rose 17%, indicating positive prospects for the company.

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