Nomura Instinet Initiates Coverage On Super Micro Computer with Buy Rating, Announces Price Target of $413
Portfolio Pulse from Benzinga Newsdesk
Nomura Instinet analyst Donnie Teng has initiated coverage on Super Micro Computer (NASDAQ:SMCI) with a Buy rating and a price target of $413.
October 20, 2023 | 6:26 pm
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POSITIVE IMPACT
Super Micro Computer has been initiated with a Buy rating by Nomura Instinet, with a price target of $413.
The initiation of coverage by Nomura Instinet with a Buy rating and a high price target indicates a positive outlook for Super Micro Computer. This could potentially attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100