Stifel raised the firm’s price target on Advanced Energy (AEIS) to $230 from $210 and keeps a Buy rating on the shares after Q3 results and the Q4 outlook exceeded expectations, driven by upside in datacenter sales. With the company poised to potentially grow sales 20% this year and double-digits again next year, the firm believes Advanced Energy can still narrow the discount to comparable datacenter power and networking comparable companies.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AEIS:
- Advanced Energy price target raised to $240 from $195 at KeyBanc
- Balanced Outlook on Advanced Energy: Strong Growth Amid Valuation Concerns and Macroeconomic Risks
- Advanced Energy Industries Reports Strong Q3 2025 Results
- Advanced Energy reports Q3 adjusted EPS $1.74, consensus $1.47
- Advanced Energy sees Q4 adjusted EPS $1.50-$2.00, consensus $1.53