Goldman Sachs Maintains Neutral on Super Micro Computer, Lowers Price Target to $675
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng maintains a Neutral rating on Super Micro Computer (NASDAQ:SMCI) but lowers the price target from $775 to $675.

August 08, 2024 | 3:30 pm
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Goldman Sachs analyst Michael Ng maintains a Neutral rating on Super Micro Computer (NASDAQ:SMCI) and lowers the price target from $775 to $675.
The lowered price target from $775 to $675 by Goldman Sachs suggests a less optimistic outlook for Super Micro Computer's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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