$Applied Optoelectronics(AAOI)

$Applied Optoelectronics(AAOI)$ B. Riley lowered their price target from $109 to $92. These are the same people who put a $15 PT on AAOI a year ago when it was trading at $30, then raised it from $15 to $55 when the stock was at $95. Not sure when they moved it up to $109, probably around $233. Now they cut from $109 to $92 right at the bottom, just as it looks set to run into year-end, in my view.

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