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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100