Advanced Energy shares are trading higher after the company reported better-than-expected Q2 financial results. Also, Susquehanna raised its price target on the stocks from $90 to $103.
Portfolio Pulse from Benzinga Newsdesk
Advanced Energy shares are trading higher after the company reported better-than-expected Q2 financial results. Additionally, Susquehanna raised its price target on the stock from $90 to $103.
July 31, 2024 | 3:35 pm
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Advanced Energy shares are trading higher following the release of better-than-expected Q2 financial results. Susquehanna also raised its price target on the stock from $90 to $103.
The better-than-expected Q2 financial results indicate strong performance, which is likely to boost investor confidence. Additionally, the price target increase from Susquehanna suggests positive future prospects, further driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100