Where Silicon Motion Technology Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published their opinion on Silicon Motion Technology (NASDAQ:SIMO) stock. The average price target for the stock is $95.0, a decrease of 15.18% from the previous average price target of $112.00. The majority of the analysts are somewhat bullish on the stock.
August 17, 2023 | 1:00 pm
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NEUTRAL IMPACT
Analysts have a somewhat bullish outlook on Silicon Motion Technology, with an average price target of $95.0, down 15.18% from the previous target.
The somewhat bullish outlook from analysts indicates a positive sentiment towards the stock. However, the decrease in the average price target could indicate a potential downside, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100