Wunderlich Securities Upgrades Advanced Energy Industries (AEIS) to Buy
More News related to AEIS
- Advanced Energy(R) and SunEdison(R) Announce Commercial Agreement for Solaron(R) Inverter Solutions
- Trading Radar for 10/28: First Solar (FSLR), ConocoPhillips (COP), WellPoint (WLP), Goodyear (GT), Int. Paper (IP) Report
- Advanced Energy (AEIS) POsts Q3 Loss of $0.20, Beats By 8c
- Advanced Energy(R) and SGEG Announce Agreement to Market Solaron(R) Inverters in China
- Advanced Energy(R) Introduces the Solaron(R) 250 Photovoltaic Inverter
More News related to Upgrades
- Oppenheimer Upgrades Akamai Tech (AKAM) to Outperform
- S&p Raises Bank of America's (BAC) Preferred-Stock Rating
- Citi Upgrades Reynolds American (RAI) to Buy
- Natixis Bleichroeder Upgrades ATP Oil & Gas (ATPG) to Buy
- Credit Suisse Upgrades CIBC (CM) to Neutral
Wunderlich Securities upgrades Advanced Energy Industries (Nasdaq: AEIS) from Hold to Buy. Price target increased from $11 to $13.
Wunderlich analyst says, "We believe the company's total revenue growth will be modestly better than we had previously modeled due to higher flat panel and solar revenue, which will lead to improved earnings, particularly in 2010. Our price target reflects our continued belief that the stock is fairly valued at times our next four quarters enterprise value/sales estimate, although we believe that estimate has upside pending the company's success in penetrating new rapidly growing segments of the solar market."
To see more analyst ratings on AEIS Click Here.
Advanced Energy Industries, Inc. (Advanced Energy) designs, manufactures, sell and support industrial power conversion products that transform power into various usable forms.
Related Categories
UpgradesStocks Mentioned
+0.32Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
