Applied Optoelectronics shares are trading higher after Rosenblatt initiated coverage on the stock with a Buy rating and a $23 price target.

Applied Optoelectronics, Inc. +2.25%

Applied Optoelectronics, Inc.

AAOI

116.46

+2.25%

Applied Optoelectronics shares are trading higher after Rosenblatt initiated coverage on the stock with a Buy rating and a $23 price target.