Wells Fargo Maintains Equal-Weight on Super Micro Computer, Lowers Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Super Micro Computer (NASDAQ:SMCI) but lowers the price target from $890 to $650.
August 07, 2024 | 2:26 pm
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Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Super Micro Computer (NASDAQ:SMCI) but lowers the price target from $890 to $650.
The lowered price target from $890 to $650 by Wells Fargo suggests a less optimistic outlook for Super Micro Computer, which could negatively impact the stock price in the short term.
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