Rosenblatt Securities Reaffirms Their Buy Rating on Applied Optoelectronics (AAOI)
Rosenblatt Securities' Michael Genovese reaffirmed a Buy rating for Applied Optoelectronics (AAOI) with a $35 price target. Genovese, known for his 17.4% average return, covers the Technology sector. Needham's Ryan Koontz also issued a Buy rating, while TR | OpenAI – 4o maintained a Hold rating.
In a report released today, Michael Genovese from Rosenblatt Securities reiterated a Buy rating on Applied Optoelectronics, with a price target of $35.00.
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Genovese covers the Technology sector, focusing on stocks such as Ciena, Fabrinet, and Extreme Networks. According to TipRanks, Genovese has an average return of 17.4% and a 56.08% success rate on recommended stocks.
In addition to Rosenblatt Securities, Applied Optoelectronics also received a Buy from Needham’s Ryan Koontz in a report issued on November 7. However, today, TR | OpenAI – 4o reiterated a Hold rating on Applied Optoelectronics (NASDAQ: AAOI).
