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

Jul 01, 2019 (Market Exclusive via COMTEX) — Analyst Ratings For Acacia Communications, Inc. ACIA, +1.25%

Today, Acacia Communications, Inc. ACIA, +1.25% 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. ACIA, +1.25% is Hold with a consensus target price of $57.2929 per share, a potential 21.49% upside.

Some recent analyst ratings include

7/1/2019-Acacia Communications, Inc. ACIA, +1.25% gets upgraded to Buy by Needham & Company LLC with a price target of $59.00 5/6/2019-Acacia Communications, Inc. ACIA, +1.25% gets upgraded to Neutral by Bank of America with a price target of $56.60 4/26/2019-Acacia Communications, Inc. ACIA, +1.25% gets downgraded to Neutral by B. Riley 4/21/2019-Acacia Communications, Inc. ACIA, +1.25% had its Buy rating reiterated by Northland Securities with a $65.00 price target 3/27/2019-Acacia Communications, Inc. ACIA, +1.25% gets downgraded to Underweight by Morgan Stanley with a price target of $44.00 On 6/18/2019 Francis J. Murphy, VP, sold 75 with an average share price of $45.04 per share and the total transaction amounting to $3,378.00. On 6/5/2019 Mehrdad Givehchi, VP, sold 21,000 with an average share price of $47.61 per share and the total transaction amounting to $999,810.00. On 6/5/2019 Murugesan Shanmugaraj, CEO, sold 12,180 with an average share price of $47.64 per share and the total transaction amounting to $580,255.20. On 6/3/2019 Christian J. Rasmussen, VP, sold 12,000 with an average share price of $46.77 per share and the total transaction amounting to $561,240.00. On 5/17/2019 Murugesan Shanmugaraj, CEO, sold 43,000 with an average share price of $50.12 per share and the total transaction amounting to $2,155,160.00. On 5/14/2019 Benny P. Mikkelsen, Insider, sold

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