Barclays Reiterates Overweight on Super Micro Computer, Maintains $693 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Wang has reiterated an Overweight rating on Super Micro Computer (NASDAQ:SMCI) and maintained a price target of $693.
August 28, 2024 | 4:24 pm
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Barclays analyst George Wang has reiterated an Overweight rating on Super Micro Computer (SMCI) and maintained a price target of $693, indicating confidence in the company's stock performance.
The reiteration of an Overweight rating and a high price target by a reputable analyst like George Wang from Barclays suggests a positive outlook for SMCI. This could lead to increased investor confidence and potential upward movement in the stock price.
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IMPORTANCE 80
RELEVANCE 100