Baird lowered the firm’s price target on Advanced Energy (AEIS) to $136 from $138 and keeps an Outperform rating on the shares. The firm said Q4 was a strong beat with Q1 guidance above expectations.
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Read More on AEIS:
- Advanced Energy price target raised to $135 from $130 at Stifel
- Advanced Energy price target raised to $136 from $38 at Baird
- Cautious Outlook for Advanced Energy Amid Mixed Signals and Market Challenges
- Advanced Energy’s Promising Growth and Strategic Expansion Drive Buy Recommendation
- Advanced Energy’s Strong Performance and Positive Outlook Justify Buy Rating