Barclays Initiates Coverage On Super Micro Computer with Overweight Rating, Announces Price Target of $327
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Wang has initiated coverage on Super Micro Computer (NASDAQ:SMCI) with an Overweight rating and a price target of $327.
September 19, 2023 | 8:45 am
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Super Micro Computer has been given an Overweight rating by Barclays with a price target of $327.
The Overweight rating from Barclays indicates a positive outlook for Super Micro Computer. The high price target of $327 suggests that Barclays expects the stock to perform well in the short term. This could lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100