Applied Optoelectronics Reports Fourth Quarter and Year 2017 Results
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Applied Optoelectronics (AAOI) PT Lowered to $55 at DA Davidson; 'Near-term Headwinds Should Abate as Facebook Ramps'
February 22, 2018 8:05 AM ESTDA Davidson lowered its price target on Applied Optoelectronics (NASDAQ: AAOI) to $55.00 (from $69.00) while maintaining a Buy rating.
Analyst Mark Kelleher noted forward guidance for the March quarter below expectations due to continued excess inventory at its largest hyperscale customer.
Commenting news... More
Applied Optoelectronics (AAOI) PT Lowered to $40 at Needham & Company; Looking Washed Out
February 22, 2018 7:19 AM ESTNeedham & Company lowered its price target on Applied Optoelectronics (NASDAQ: AAOI) to $40.00 (from $50.00) while maintaining a Strong Buy rating.
Analyst Alex Henderson commented, "AOI missed and lowered with a mix that was overly skewed to 40G. The 1Q guide... More
