tiprankstipranks
The Fly

AMSC price target raised to $40 from $33 at Craig-Hallum

AMSC price target raised to $40 from $33 at Craig-Hallum

Craig-Hallum analyst Eric Stine raised the firm’s price target on AMSC (AMSC) to $40 from $33 and keeps a Buy rating on the shares. American Superconductor’s business has been trending positively for many quarters, and it kept things rolling in Q3, the firm notes. AMSC’s Q3 results were ahead of Street estimates and above its outlook, and it guided Q4 higher again.

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1