Advanced Energy Industries Up 9.8% After Rating Upgrade (AEIS)

Shares of Advanced Energy Industries, Inc. AEIS are trading up 9.8% at $14.06 per share during the Friday afternoon trading session. Barclays Plc raised its rating of the company from Equal Weight to Overweight. The day's trading range for shares of Advanced Energy Industries, Inc has been between $13.18 and $14.08 per share. Analysts covering Advanced Energy Industries, Inc. (AEIS) stock give it a consensus price target of $14.86 per share. Trading volume for Advanced Energy Industries, Inc has been heavier than usual, with 1.1 million shares having been traded today, well above the daily average volume of 730,000 shares. Advanced Energy Industries, Inc is a global leader in innovative power and control technologies for high-growth markets, including thin-film manufacturing and solar-power generation. Read more from Benzinga's Company news.