Wells Fargo Maintains Equal-Weight on Advanced Energy Indus, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe Quatrochi has maintained an Equal-Weight rating on Advanced Energy Industries (NASDAQ:AEIS) but has lowered the price target from $103 to $98.
October 03, 2024 | 5:15 pm
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Wells Fargo has maintained its Equal-Weight rating on Advanced Energy Industries but reduced the price target from $103 to $98, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on AEIS's future performance, which could lead to a short-term negative impact on the stock price.
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