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Monday, 08/07/2017 12:43:36 PM

Monday, August 07, 2017 12:43:36 PM

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Applied Optoelectronics weakness a buying opportunity, says Raymond James Raymond James analyst Simon Leopold said the selloff in Applied Optoelectronics is overdone and said the sales decline due to lower 40G sales will be overtaken by 100G growth. He sees 2018 sales growth of approximately 20% and would views Friday's selloff as a buying opportunity for risk tolerant investors. Leopold rates Applied Optoelectronics a Strong Buy with a $107 price target.

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