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Advanced Energy (AEIS) Shares Edge Higher Following Susquehanna Upgrade

May 1, 2012 2:54 PM EDT
Get Alerts AEIS Hot Sheet
Price: $330.26 +0.22%

Rating Summary:
    16 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Advanced Energy Industries (NASDAQ: AEIS) ticked higher into the last hour of Tuesday's session as Susquehanna's Mehdi Hosseini upgraded the stock from Neutral to Positive. The analyst's price target was raised from $10 to $18.

Advanced Energy shares are up more than 13 percent at last check. The company posted strong Q1 results on Monday evening. With the stock last trading at $13.55, Hosseini's new price target represents potential upside of about 33 percent.

For an analyst ratings summary and ratings history on Advanced Energy Industries click here. For more ratings news on Advanced Energy Industries click here.


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