TD Cowen raised the firm’s price target on Advanced Energy (AEIS) to $210 from $140 and keeps a Hold rating on the shares. The firm said they reported a beat/raise quarter driven by another record quarter of datacenter sales and expectation that previous power design wins should start ramping through C1H26.
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Read More on AEIS:
- Advanced Energy price target raised to $230 from $210 at Stifel
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