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Acacia Communications, Inc. (NASDAQ:ACIA) gets upgraded to Buy by Needham & Company LLC with a price target of $59.00

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

Today, Acacia Communications, Inc. (NASDAQ:ACIA) stock received an upgrade by Needham & Company LLC from Hold to Buy with a price target of $59.00.

There are 9 Buy Ratings, 4 Hold 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 $57.2929 per share, a potential 21.49% upside.

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 47.16 up +0.58 1.25% with shares trading hands.

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