Wedbush Reiterates Neutral on Super Micro Computer, Maintains $530 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson reiterated a Neutral rating on Super Micro Computer (NASDAQ:SMCI) and maintained a $530 price target.
April 24, 2024 | 11:55 am
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Wedbush analyst Matt Bryson reiterated a Neutral rating on Super Micro Computer, maintaining a $530 price target.
The reiteration of a Neutral rating and maintenance of a $530 price target by a reputable analyst suggests no significant short-term price movement is expected. However, the reaffirmation of the price target indicates a belief in the company's stable value proposition.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100