Wells Fargo Maintains Equal-Weight on Advanced Energy Indus, Lowers Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe Quatrochi has maintained an Equal-Weight rating on Advanced Energy Industries (AEIS) and lowered the price target from $108 to $97.
February 07, 2024 | 3:56 pm
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Wells Fargo analyst Joe Quatrochi maintains an Equal-Weight rating on Advanced Energy Industries and lowers the price target from $108 to $97.
The reduction in price target by Wells Fargo, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in AEIS's stock price.
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