Raymond James Maintains Outperform on Advanced Energy Indus, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Pavel Molchanov maintains an 'Outperform' rating on Advanced Energy Indus (NASDAQ:AEIS) and raises the price target from $120 to $130.
August 04, 2023 | 3:11 pm
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POSITIVE IMPACT
Raymond James maintains an 'Outperform' rating on AEIS and raises the price target to $130, indicating positive sentiment towards the stock.
The 'Outperform' rating maintained by Raymond James indicates that they expect AEIS to do better than the market average. The increase in price target from $120 to $130 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in demand and subsequently, the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100