Seeking Alpha

Advanced Energy (AEIS -4.7%) is downgraded to Underperform from Neutral at BAML following a...

Advanced Energy (AEIS -4.7%) is downgraded to Underperform from Neutral at BAML following a 33% YTD rally. While the firm continues to foresee improving semiconductor fundamentals and continued growth in inverters, the AEIS margin expansion story is well understood and fully reflected in the stock.
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