Applied Optoelectronics (AAOI) Cuts Q3 Guidance
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October 1, 2018 9:24 AM EDT
DA Davidson analyst Mark Kelleher lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $36.00 (from $54.00) while maintaining a Buy rating.
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October 1, 2018 6:29 AM EDT
Needham & Company analyst Alex Henderson lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $35.00 (from $55.00) while maintaining a Buy rating.
Henderson commented, "AOI negatively pre-released its 3Q results due to a customer-specific QC issue for its 25G lasers. CY3Q... More
September 28, 2018 1:37 PM EDT
Craig-Hallum analyst Richard Shannon lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $19.00 (from $28.00) while maintaining a Sell rating.
Shannon notes the company lowered guidance on quality issues, which were most likely at its no.1 customer Facebook. In addition to competition increases from Intel and others.
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September 28, 2018 10:05 AM EDT
Raymond James downgraded Applied Optoelectronics (NASDAQ: AAOI) from Strong Buy to Outperform.
For an analyst ratings summary and ratings history on Applied Optoelectronics click here. For more ratings news on Applied Optoelectronics click here.
Shares of Applied Optoelectronics closed at $28.36 yesterday.
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