B. Riley raised the firm’s price target on Applied Optoelectronics (AAOI) to $15 from $13 and keeps a Neutral rating on the shares. The firm views the company’s Q2 report as mixed.
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Read More on AAOI:
- Applied Optoelectronics price target raised to $25 from $18 at Raymond James
- Applied Optoelectronics Reports Strong Q2 Revenue Growth
- Applied Optoelectronics reports Q2 EPS (16c), consensus (7c)
- Applied Optoelectronics sees Q3 EPS (10c)-(3c), consensus (1c)
- Applied Optoelectronics options imply 14.4% move in share price post-earnings