Information Provided By: 
Fly News Breaks for February 22, 2019
AAOI
Feb 22, 2019 | 05:09 EDT
Piper Jaffray analyst Troy Jensen lowered his price target for Applied Optoelectronics to $12 saying the company reported another disappointing quarter with revenue below Street estimates. The datacom transceiver market continues to struggle with significant pricing erosion and excess inventory levels, which is coupled with Applied's quality issues, Jensen tells investors in a post-earnings research note. He believes the market dynamics will remain challenging and reiterates a Neutral rating on the shares.
News For AAOI From the Last 2 Days
There are no results for your query AAOI
