ThinkEquity Upgrades Advanced Energy Industries (AEIS) to Hold; Shares Continuing Higher

ThinkEquity upgraded shares of Advanced Energy Industries (NASDAQ: AEIS) Wednesday morning following Q1 results and Q2 guidance from the company on Monday afternoon. The stock jumped more than 12 percent on Tuesday and are continuing higher this afternoon, now up about 1 percent.

ThinkEquity now rates Advanced Energy shares a Hold, up from Sell previously. The firm's price target was raised from $7 to $13.

For an analyst ratings summary and ratings history on Advanced Energy Industries click here. For more ratings news on Advanced Energy Industries click here.

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