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Technology Stocks : AEHR - Semi Test Equipment related to auto chips
AEHR 26.01+3.6%Oct 31 9:30 AM EST
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To: Return to Sender who wrote (24)7/18/2024 9:48:47 AM
From: Elroy1 Recommendation

Recommended By
Return to Sender

   of 53
 
Craig-Hallum upgraded Aehr Test Systems to Buy from Hold with a price target of $25, up from $12.

These guys are ridiculous. AEHR is $11 for four months, no upgrade. It hits $21, and so they quickly upgrade with a $25 price target.

They missed 75% of their targetted gain.

And the sales in the coming year are forecast to be about the same as the previous year. How is it worth $25 today (forecasting about $70m+ annual sales) while it wasn't a BUY when it was $11 over the preceding quarter (when the 12 months forward outlook was about the same as it is today).

Pathetic!

Anyways, I've got $20 covered calls expiring tomorrow, so I'm rooting for a quick price dip before it runs up to $25.......
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