Wedbush Reiterates Neutral on Super Micro Computer, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson has reiterated a Neutral rating on Super Micro Computer (NASDAQ:SMCI) and maintained a $250 price target.

October 30, 2023 | 12:48 pm
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Wedbush analyst Matt Bryson reiterated a Neutral rating on Super Micro Computer and maintained a $250 price target.
The news is directly about Super Micro Computer (SMCI). The reiteration of a Neutral rating by Wedbush indicates that the analyst sees no major changes in the company's prospects in the near term. The maintained price target of $250 also suggests that the analyst believes the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100