Rosenblatt Maintains Buy on Super Micro Computer, Raises Price Target to $1300
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Super Micro Computer (SMCI) and raises the price target from $700 to $1300.
February 20, 2024 | 7:05 pm
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Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Super Micro Computer and raises the price target from $700 to $1300.
The significant increase in the price target by a reputable analyst suggests a strong bullish outlook on Super Micro Computer. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100