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Stock impact report

Applied Optoelectronics -2.3% on analyst downgrade [Seeking Alpha]

Applied Optoelectronics, Inc. (AAOI) 
Last applied optoelectronics, inc. earnings: 2/27 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ao-inc.com/investor-relations
Company Research Source: Seeking Alpha
Applied Optoelectronics -2.3% on analyst downgradePiper Jaffraydowngrades Applied Optoelectronics (NASDAQ:AAOI) from Overweight to Neutral and drops the price target by $11 to $40.The new target represents a 11% upside on Friday’s closing price.Analyst Troy Jensen says margin compression risk due to increased competition will continue to weigh on the company.Applied Optoelectronics shares aredown 2.3% premarket to $35.15.See all stocks on the move »Now read:Applied Optoelectronics: Shorts Are Fleeing » Show less Read more
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