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Susquehanna Analyst: Advanced Energy Has 40% Upside

2015-08-06 14:14:17| Semiconductors - Topix.net

In a report published Wednesday, Susquehanna analyst Mehdi Hosseini upgraded the rating on Advanced Energy Industries, Inc. from Neutral to Positive, while raising the price target from $22 to $35, based on the company's restructuring and execution, which give it greater earnings power. The analyst expressed greater confidence in the company's earnings power, given that the new team continued to execute during the divestiture of the loss making Solar Inverter division.

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