tiprankstipranks
Advertisement
Advertisement

Aehr Test Systems upgraded to Outperform from Market Perform at William Blair

William Blair upgraded Aehr Test Systems (AEHR) to Outperform from Market Perform. The firm estimates the stock’s fair value between $50 and $70 per share. The analyst believes Aehr has secured multiple design wins for both its package level burn-in and wafer level burn-in across at least two major customers. Blair’s proprietary model for burn-in tools for AI processors in 2030 forecasts a $1.5B to $2.3B total addressable market range. It estimates a 30% market share reflects a fair value of $50 to $70 per share for Aehr Test.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1