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Alliance Fiber Optic Products, Inc. (AFOP) [hlAlert]

up 25.58 %

Alliance Fiber Optic Products, Inc. (AFOP) rated Buy with price target $21 by Needham

Posted on: Wednesday,  Apr 8, 2015  8:25 AM ET by Needham

Needham rated Buy Alliance Fiber Optic Products, Inc. (NASDAQ: AFOP) on 04/08/2015. Previously Needham rated Buy Alliance Fiber Optic Products, Inc. (NASDAQ: AFOP)
on 03/25/2014., when the stock price was $14.89. Since then, Alliance Fiber Optic Products, Inc. has gained 25.59% as of 01/25/2016's recent price of $18.70.
If you would have followed the previous Needham's recommendation on AFOP, you would have gained 25.58% of your investment in 671 days.

Alliance Fiber Optic Products, Inc. designs, manufactures and markets a broad range of high performance fiber optic components and integrated modules. AFOP's products are used by leading and emerging communications equipment manufacturers to deliver optical networking systems to the long-haul, enterprise, metropolitan and last mile access segments of the communications network. AFOP offers a broad product line of passive optical components including interconnect systems, couplers and splitters, thin film CWDM & DWDM components and modules, optical attenuators, and micro-optics devices. AFOP is headquartered in Sunnyvale, California, with manufacturing and product development capabilities in the United States, Taiwan and China.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2015 8:25 AM Buy
17.57 21.00
as of 8/27/2015
1 Week down  -2.34 %
1 Month down  -8.28 %
3 Months down  -3.75 %
1 YTD up  6.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2014 10:25 AM Buy
11.87 16.00
3/25/2014 12:00 AM Buy
14.89 22.00

(*) Stock Price at the time of the recommendation.
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