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BofA/Merrill Lynch Downgrades MKS Instruments (MKSI) Two-Notches to Underperform

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BofA/Merrill Lynch Upgrades Advanced Energy Industries (AEIS) Two-Notches to Buy

January 9, 2015 7:05 AM EST

BofA/Merrill Lynch upgraded Advanced Energy Industries (NASDAQ: AEIS) from Underperform to Buy with a price target of $30.00 (from $19.00) on margin expansion potential.

Analyst Krish Sanker highlighted three items in his upgrade: 1) decision to explore alternatives for inverter business, continuted strength in semi capital... More