Super Micro Computer shares are trading higher after Argus Research initiated coverage on the stock with a Buy rating and $1,350 price target.
Portfolio Pulse from Benzinga Newsdesk
Super Micro Computer's stock (SMCI) is trading higher following a Buy rating and a $1,350 price target from Argus Research.
March 06, 2024 | 3:35 pm
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POSITIVE IMPACT
Super Micro Computer's stock is experiencing an uptick after receiving a Buy rating and a $1,350 price target from Argus Research.
The positive analyst rating and high price target from Argus Research directly impact investor sentiment towards SMCI, likely leading to increased buying activity and a short-term uptick in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100