Fly News Breaks for July 29, 2019
Jul 29, 2019 | 06:58 EDT
JPMorgan analyst Samik Chatterjee started Applied Optoelectronics with a Neutral rating and $11 price target. The analyst cites challenges from high competitive pressures, low switching costs, high risk relative to share loss from quality issues, and "steep pricing erosion" of current generation products for his Neutral rating.
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