TD Cowen raised the firm’s price target on Advanced Energy (AEIS) to $350 from $300 and keeps a Hold rating on the shares. The firm said results were a bit below buyside expectations particularly on the Datacenter front due to customer-related delays.
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Read More on AEIS:
- Advanced Energy price target raised to $430 from $375 at Susquehanna
- Advanced Energy price target raised to $380 from $360 at Baird
- Advanced Energy price target raised to $415 from $375 at KeyBanc
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- Advanced Energy sees Q2 EPS $1.93-$2.43, consensus $2.04
