Rosenblatt Maintains Buy on Applied Optoelectronics, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has reiterated a Buy rating for Applied Optoelectronics (NASDAQ:AAOI) and maintained a price target of $20.
October 09, 2024 | 10:19 pm
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Rosenblatt analyst Mike Genovese has reiterated a Buy rating for Applied Optoelectronics and maintained a price target of $20, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a $20 price target by a reputable analyst suggests positive sentiment and potential upside for AAOI's stock price. This can lead to increased investor confidence and buying activity in the short term.
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