Northland Capital Markets Maintains Outperform on Applied Optoelectronics, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Tim Savageaux maintains an 'Outperform' rating on Applied Optoelectronics (NASDAQ:AAOI) and raises the price target from $12.5 to $20.
August 30, 2023 | 3:57 pm
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Applied Optoelectronics' price target has been raised from $12.5 to $20 by Northland Capital Markets, maintaining an 'Outperform' rating.
The raised price target and maintained 'Outperform' rating by Northland Capital Markets indicates a positive outlook for Applied Optoelectronics. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100