Mizuho Initiates Coverage On Super Micro Computer with Neutral Rating, Announces Price Target of $450
Portfolio Pulse from Benzinga Newsdesk
Mizuho has initiated coverage on Super Micro Computer (SMCI) with a Neutral rating and set a price target of $450.
September 17, 2024 | 11:44 am
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NEUTRAL IMPACT
Mizuho has initiated coverage on Super Micro Computer with a Neutral rating and a price target of $450, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Mizuho sees neither significant upside nor downside in the short term for SMCI. The price target of $450 provides a benchmark for investors, but the neutral stance indicates a balanced view, likely resulting in a stable stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100