Wedbush Upgrades Super Micro Computer to Neutral, Announces $250 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Matt Bryson has upgraded Super Micro Computer (NASDAQ:SMCI) from Underperform to Neutral and announced a price target of $250.

August 23, 2023 | 11:35 am
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Super Micro Computer's stock rating has been upgraded from Underperform to Neutral by Wedbush, with a new price target of $250.
The upgrade from Underperform to Neutral indicates a more positive outlook on the company's stock by the analyst. The new price target of $250 also suggests potential upside for the stock. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100