Aehr Test Systems price target lowered to $19 from $25 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on Aehr Test Systems (AEHR) to $19 from $25 and keeps a Buy rating on the shares. The firm notes Aehr Test is executing well to offset declining silicon carbide sales and reiterated its outlook for $70M-plus revenue and modest year-over-year growth in FY25.