Applied Optoelectronics (AAOI) Tops Q4 EPS by 6c; Guides Q1 Well Below the Street

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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 EST

DA 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.

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Applied Optoelectronics (AAOI) PT Lowered to $40 at Needham & Company; Looking Washed Out

February 22, 2018 7:19 AM EST

Needham & 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

Applied Optoelectronics (AAOI) PT Lowered to $53 at Cowen

February 22, 2018 6:20 AM EST

Cowen lowered its price target on Applied Optoelectronics (NASDAQ: AAOI) to $53.00 (from $60.00) while maintaining a Outperform rating.

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