AMSC price target lowered to $55 from $63 at Roth Capital

Roth Capital analyst Justin Clare lowered the firm’s price target on AMSC (AMSC) to $55 from $63 and keeps a Buy rating on the shares. Despite a fiscal Q2 EPS beat, topline growth was slightly below expectations, while Q3 guidance was modestly below consensus on revenue, with EPS roughly in line, the analyst tells investors. The firm’s FY25 EPS view moves up on the Q2 beat, but it lowered its FY26 EPS forecast modestly to reflect lower order growth.