Advanced Energy Industries (AEIS) Tops Q3 EPS by 5c; Guides Q4 Below
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Advanced Energy Industries (AEIS) PT Lowered to $45 at Susquehanna
October 30, 2018 11:16 AM EDTSusquehanna analyst Mehdi Hosseini lowered the price target on Advanced Energy Industries (NASDAQ: AEIS) to $45.00 (from $70.00) while maintaining a Neutral rating following results.
While executing well, AE does not necessarily see a quick snap back in order patterns from its largest Semi Cap OEM customers, Hossein notes.
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