AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook

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Go back to AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook

American Superconductor (AMSC) PT Raised to $20 at Roth/MKM

May 30, 2024 4:34 PM EDT

Roth/MKM analyst Justin Clare raised the price target on American Superconductor (NASDAQ: AMSC) to $20.00 (from $15.00) while maintaining a Buy rating.

The analyst comments "AMSC delivered a FQ4 beat and better-than-expected FQ1 guide. Management sees a path to $50mn in quarterly revenue and... More