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Axcelis Technologies, Inc. (NASDAQ:ACLS) Merger and Price Target Update
AxcelisAxcelis(US:ACLS) Financial Modeling Prep·2025-10-03 04:00

D.A. Davidson sets a price target of 110forAxcelisTechnologies,Inc.(NASDAQ:ACLS),indicatingapotentialincreaseofabout12.13110 for Axcelis Technologies, Inc. (NASDAQ:ACLS), indicating a potential increase of about 12.13%.The merger with Veeco Instruments Inc. is expected to create a leading semiconductor equipment company, with Axcelis shareholders holding approximately 58% of the new entity.The combined entity is projected to have an enterprise value of approximately 4.4 billion, with the merger being accretive to non-GAAP earnings per share within the first year.Axcelis Technologies, Inc ...