Aebi Schmidt price target lowered to $15 from $16.50 at Roth Capital

Roth Capital lowered the firm’s price target on Aebi Schmidt (AEBI) to $15 from $16.50 to reflect the pressure on the stock due to macro choppiness but keeps a Buy rating on the shares after its in-line Q4 results. Strong North American order intake stemming from a resurgence of demand in the critical walk-in-van segment, should support management’s positive outlook, the analyst tells investors in a research note.