Barclays Maintains Overweight on Super Micro Computer, Raises Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Wang maintains an Overweight rating on Super Micro Computer (NASDAQ:SMCI) and raises the price target from $327 to $335.
November 02, 2023 | 3:48 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Super Micro Computer and raises the price target from $327 to $335, indicating a positive outlook for the company.
The raised price target by Barclays indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100