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Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Neutral by Citigroup

Analyst Ratings For Acacia Communications, Inc. (NASDAQ:ACIA)

Today, Acacia Communications, Inc. (NASDAQ:ACIA) stock was downgraded by Citigroup from Buy to Neutral.

There are 9 Hold Ratings, 4 Buy Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Acacia Communications, Inc. (NASDAQ:ACIA) is Hold with a consensus target price of $58.2864 per share, a potential 9.72% downside.

Some recent analyst ratings include

About Acacia Communications, Inc. (NASDAQ:ACIA)
Acacia Communications, Inc develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. Read More…

Recent Trading Activity for Acacia Communications, Inc. (NASDAQ:ACIA)
Shares of Acacia Communications, Inc. closed the previous trading session at 64.56 up +0.16 0.25% with 64.07 shares trading hands.

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