Axiom Discusses Amtech Systems

Axiom Capital Research is out with a research report on Amtech Systems, Inc. ASYS and it has a Hold rating and a $17 price target on shares. In the note, Axiom Capital Research writes, "While ASYS's F3Q guidance for a record $70M in revs was impressive, our analysis implies the company's F3Q solar orders will fall ~92% QoQ; we blv this suggests a virtual halt in new solar cell capacity has emerged, potentially posing a harbinger of neg. news ahead for solar cap equip. stocks" At last check, shares of Amtech Systems were off 18 cents to $18.14, a loss of just under 1%.