Craig-Hallum Downgrades Aehr Test Systems to Hold, Announces $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab downgraded Aehr Test Systems (AEHR) from Buy to Hold and set a $12 price target.

March 26, 2024 | 11:53 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Aehr Test Systems was downgraded from Buy to Hold by Craig-Hallum analyst Christian Schwab, with a new price target of $12.
Analyst downgrades typically lead to a negative short-term reaction in the stock price as they suggest a less optimistic outlook on the company's future performance. The setting of a specific price target provides a benchmark that could influence investor expectations and trading behavior.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100