Applied Optoelectronics (AAOI) Tops Q1 EPS by 12c
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Applied Optoelectronics (AAOI) PT Raised to $94 at Cowen; 'Significantly Underappreciated and Undervalued'
May 5, 2017 8:10 AM EDTCowen raised its price target on Applied Optoelectronics (NASDAQ: AAOI) to $94.00 (from $75.00) while maintaining a Outperform rating following Q1 results, calling the company "Significantly Underappreciated and Undervalued".
Analyst Paul Silverstein commented, "We have significantly raised our oper forecasts and price target and continue... More
