Susquehanna Maintains Neutral on Advanced Energy Indus, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Advanced Energy Industries (NASDAQ:AEIS) and lowers the price target from $103 to $92.
October 11, 2024 | 1:13 pm
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Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Advanced Energy Industries and lowers the price target from $103 to $92.
The lowering of the price target from $103 to $92 by Susquehanna suggests a less optimistic outlook for AEIS, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100