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Oppenheimer Sticks to Its Buy Rating for American Superconductor (AMSC)

Tipranks - Tipranks - Sat Feb 7, 7:30AM CST

In a report released today, Colin Rusch from Oppenheimer reiterated a Buy rating on American Superconductor, with a price target of $68.00.

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According to TipRanks, Rusch is a top 100 analyst with an average return of 41.5% and a 48.40% success rate. Rusch covers the Technology sector, focusing on stocks such as Enphase Energy, Sunrun, and Shoals Technologies Group.

In addition to Oppenheimer, American Superconductor also received a Buy from Roth MKM’s Justin Clare in a report issued today. However, yesterday, TipRanks – DeepSeek reiterated a Hold rating on American Superconductor (NASDAQ: AMSC).

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Based on American Superconductor’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $74.53 million and a net profit of $117.81 million. In comparison, last year the company earned a revenue of $61.4 million and had a net profit of $2.47 million

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