Raymond James Upgrades Applied Optoelectronics to Outperform, Announces $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James has upgraded Applied Optoelectronics (NASDAQ:AAOI) from Market Perform to Outperform, setting a price target of $17.
September 03, 2024 | 11:57 am
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Raymond James has upgraded Applied Optoelectronics to Outperform with a $17 price target, indicating a positive outlook for the stock.
The upgrade from Market Perform to Outperform by Raymond James suggests increased confidence in AAOI's future performance. The $17 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100