Northland Capital Markets Maintains Outperform on Super Micro Computer, Raises Price Target to $1300
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Nehal Chokshi has maintained an Outperform rating on Super Micro Computer (SMCI) and increased the price target from $925 to $1300.
March 25, 2024 | 10:57 am
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Northland Capital Markets has raised the price target for Super Micro Computer (SMCI) from $925 to $1300, while maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like Northland Capital Markets typically signals a strong bullish outlook on the stock, suggesting that the analyst sees significant upside potential. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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