Analyst Expectations for Silicon Motion Technology's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided ratings for Silicon Motion Technology (NASDAQ:SIMO) within the last quarter, with an average price target of $88.0 versus the current price of $53.5. This current average has decreased by 21.43% from the previous average price target of $112.00.
September 06, 2023 | 5:00 pm
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Analysts have provided ratings for Silicon Motion Technology with an average price target of $88.0, a decrease from the previous target.
The average price target given by analysts indicates their expectation for the stock's future price. A decrease in the average price target could suggest that analysts are less optimistic about the company's future performance, which could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100