What 5 Analyst Ratings Have To Say About Advanced Energy Indus
Portfolio Pulse from Benzinga Insights
Advanced Energy Indus (NASDAQ:AEIS) has received 5 analyst ratings in the last quarter with 1 bullish, 1 somewhat bullish, and 3 indifferent. The average price target is $109.0, representing an upside from the current price of $97.32. This target has decreased by 9.17% from the previous target of $120.00. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.
November 30, 2023 | 2:00 pm
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Advanced Energy Indus (AEIS) has an average analyst price target of $109, which is higher than its current price of $97.32. The target has been lowered from $120, indicating a decrease in analyst confidence or a potential change in the company's outlook.
The average price target suggests analysts see an upside for AEIS, which could lead to a positive short-term impact on the stock price. However, the decrease in the target price may temper investor expectations. The mixed ratings indicate uncertainty, but the overall positive target implies a cautiously optimistic outlook.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100