Advanced Energy price target raised to $270 from $230 at Stifel

Stifel raised the firm’s price target on Advanced Energy (AEIS) to $270 from $230 and keeps a Buy rating on the shares as part of the firm’s semi equipment 2026 outlook. Field checks over the past few weeks have been bullish, says the analyst, who now expects growth in industry WFE spending of 10%-15% in calendar 2026, exceeding its prior 7%-8% year-over-year forecast.