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Analysts Offer Insights on Technology Companies: Applied Optoelectronics (AAOI) and Murata Manufacturing Co (OtherMRAAF)

Tipranks - Mon Jan 12, 12:32PM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Applied Optoelectronics (AAOIResearch Report) and Murata Manufacturing Co (MRAAFResearch Report) with bullish sentiments.

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Applied Optoelectronics (AAOI)

In a report issued on January 9, Michael Genovese from Rosenblatt Securities reiterated a Buy rating on Applied Optoelectronics, with a price target of $50.00. The company’s shares closed last Friday at $34.04.

According to TipRanks.com, Genovese is a 5-star analyst with an average return of 18.9% and a 55.3% success rate. Genovese covers the Technology sector, focusing on stocks such as Ribbon Communications, Lumentum Holdings, and Extreme Networks. ;'>

Applied Optoelectronics has an analyst consensus of Moderate Buy, with a price target consensus of $38.25.

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Murata Manufacturing Co (MRAAF)

In a report issued on January 6, Daiki Takayama from Goldman Sachs maintained a Buy rating on Murata Manufacturing Co, with a price target of Yen3600.00. The company’s shares closed last Friday at $20.89.

Takayama has an average return of 8.0% when recommending Murata Manufacturing Co. ;'>

According to TipRanks.com, Takayama is ranked #2643 out of 10398 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Murata Manufacturing Co with a $21.22 average price target.

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