Market Exclusive

Applied Optoelectronics Inc (NASDAQ:AAOI) gets downgraded to Outperform by Raymond James with a price target of $40.00

Analyst Ratings For Applied Optoelectronics Inc (NASDAQ:AAOI)

Today, Applied Optoelectronics Inc (NASDAQ:AAOI) stock was downgraded by Raymond James from Strong-Buy to Outperform with a price target of $40.00.

There are 6 Sell Ratings, 4 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Applied Optoelectronics Inc (NASDAQ:AAOI) is Hold with a consensus target price of $35.8636 per share, a potential 46.86% upside.

Some recent analyst ratings include

Recent Insider Trading Activity For Applied Optoelectronics Inc (NASDAQ:AAOI)
Applied Optoelectronics Inc (NASDAQ:AAOI) has insider ownership of 6.90% and institutional ownership of 72.36%.

About Applied Optoelectronics Inc (NASDAQ:AAOI)
Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to Internet data center operators, cable television and telecommunications equipment manufacturers, and Internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was founded in 1997 and is headquartered in Sugar Land, Texas.

Recent Trading Activity for Applied Optoelectronics Inc (NASDAQ:AAOI)
Shares of Applied Optoelectronics Inc closed the previous trading session at 24,60 −3,76 13,26 % with 25.78 shares trading hands.

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