Baird Maintains Outperform on Advanced Energy Indus, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Robert Mason maintains an Outperform rating on Advanced Energy Industries (NASDAQ:AEIS) but lowers the price target from $128 to $124.
November 01, 2024 | 11:37 am
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Baird analyst Robert Mason continues to rate Advanced Energy Industries as Outperform, but has reduced the price target from $128 to $124.
The Outperform rating suggests continued confidence in AEIS's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100