Applied Optoelectronics Has Limited Upside to Our $108.18 Target Despite the $200M Order Catalyst
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The post Applied Optoelectronics Has Limited Upside to Our $108.18 Target Despite the $200M Order Catalyst appeared first on 24/7 Wall St..
Applied Optoelectronics (NASDAQ:AAOI) has been one of the most explosive technology stocks of the past year, rising 894.91% over the past twelve months. With shares trading at $107.45, the question is whether this rally has room to run or the stock has outpaced its fundamentals.
Metric
Value
Current Price
$107.45
24/7 Wall St. Price Target
$108.18
Applied Optoelectronics (NASDAQ:AAOI) has been one of the most explosive technology stocks of the past year, rising 894.91% over the past twelve months. With shares trading at $107.45, the question is whether this rally has room to run or the stock has outpaced its fundamentals.
Metric
Value
Current Price
$107.45
24/7 Wall St. Price Target
$108.18
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