Aehr Test Systems price target lowered to $21 from $24 at Craig-Hallum

Core Viewpoint - Craig-Hallum has lowered the price target for Aehr Test Systems (AEHR) to $21 from $24 and maintains a Hold rating due to lower-than-expected results and guidance [1] Group 1: Financial Performance - Management has reduced the guidance for the second half of the year to $25 million to $30 million, which is below the previous expectation of approximately $42 million [1] - There is an anticipated material recovery in bookings for the second half of the fiscal year, with shipments expected in FY27 [1]