Alpha & Omega price target lowered to $25 from $32 at Benchmark

Benchmark lowered the firm’s price target on Alpha & Omega to $25 from $32 and keeps a Buy rating on the shares after the company delivered in-line fiscal Q1 revenue with “solid upside to EPS,” but issued “disappointing” guidance, reflecting near-term seasonal softness and tariff pull-forward across key end markets. The firm cites the near-term pressure and a reset of its model for its lowered target.