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Fly News Breaks for January 11, 2018
AEIS
Jan 11, 2018 | 06:16 EDT
DA Davidson analyst Thomas Diffely initiated Advanced Energy with a Buy rating and a price target of $100, citing the company's "strong leverage to the fastest growing segments of the semiconductor equipment market, an efficient operating model, and meaningful long-term growth and diversification potential". The analyst says he is also bullish on the industry trend of an emerging wave of next-gen computing, such as AI, big data, and Internet of Things.
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