Analysts provide mixed ratings for Advanced Energy Industries as price targets rise
Advanced Energy Industries (NASDAQ: AEIS) has received mixed ratings from four analysts over the past three months. Recent evaluations show one bullish, one somewhat bullish, and two indifferent ratings, reflecting a shift in sentiment compared to previous months. The average 12-month price target for Advanced Energy has increased to $113.25, up nearly 10% from $103.00. Analysts provided a high estimate of $135.00 and a low of $92.00, indicating varied expectations for the stock's future performance. Recent actions include Mehdi Hosseini of Susquehanna lowering his rating to neutral with a target of $92.00, while Brian Chin of Stifel announced a buy rating with a target of $135.00. Other analysts adjusted their targets, reflecting changing market conditions.