As previously reported, Craig-Hallum upgraded Aehr Test Systems (AEHR) to Buy from Hold with a $68 price target given improving business momentum and significant growth opportunities over multiple business segments. The firm believes that over time, the company has single customers who could drive $100M a year in revenue. As a result, Craig-Hallum thinks it’s fair to look at a multi-year revenue opportunity of at least $200M in annual revenue, at which point the firm estimates the company could earn a $1.70-$1.80 per share.
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Read More on AEHR:
- Aehr Test Systems upgraded to Buy from Hold at Craig-Hallum
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