Northland Capital Markets Maintains Outperform on Super Micro Computer, Raises Price Target to $625
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Nehal Chokshi has maintained an Outperform rating on Super Micro Computer (NASDAQ:SMCI) and increased the price target from $450 to $625.
January 30, 2024 | 4:07 pm
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Super Micro Computer's Outperform rating is maintained by Northland Capital Markets, with a significant price target increase from $450 to $625.
The increase in price target by a reputable analyst typically signals a strong bullish sentiment on the stock, suggesting an expectation of future growth or positive performance. This can lead to increased investor confidence and potential short-term price appreciation.
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