- Advanced Energy (AEIS +11.2%) is upgraded to Positive from Neutral with a $35 price target, raised from $22, at Susquehanna, which says the company's restructuring and execution give it greater earnings power.
- The firm expresses greater confidence in the company's earnings power, given that the new team continues to execute during the divestiture of the loss-making solar inverter division.
- The firm also expects AEIS to drive its free cash flow margin to at least 20%/year over the next few years, driven by its leaner business model.
Advanced Energy upgraded at Susquehanna
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Symbol | Last Price | % Chg |
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AEIS | - | - |
Advanced Energy Industries, Inc. |