Applied Optoelectronics (AAOI) Tops Q4 EPS by 2c, Q1 Guidance Misses

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Go back to Applied Optoelectronics (AAOI) Tops Q4 EPS by 2c, Q1 Guidance Misses

DA Davidson Downgrades Applied Optoelectronics (AAOI) to Neutral

February 22, 2019 8:08 AM EST

DA Davidson analyst Mark Kelleher downgraded Applied Optoelectronics (NASDAQ: AAOI) from Buy to Neutral with a price target of $16.00.

The analyst commented, "Despite the 3Q shortfall, Applied Optoelectronics is one of the leading providers of optical networking technology to the data-center and cable TV... More