Stifel raised the firm’s price target on Advanced Energy (AEIS) to $135 from $130 and keeps a Buy rating on the shares after the company reported Q4 results “well ahead of expectations” and gave guidance for Q1 that was also above the firm’s and consensus estimates. The firm believes there is “conservatism to this outlook” and even off a strong finish to last year, models 2025 revenue being up 10% year-over-year, the analyst tells investors.
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Read More on AEIS:
- 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
- Hold Rating for Advanced Energy Amid Short-Term Uncertainties Despite Strong Performance
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