Needham Initiates Coverage On Super Micro Computer with Buy Rating, Announces Price Target of $600
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has initiated coverage on Super Micro Computer (NASDAQ:SMCI) with a Buy rating and set a price target of $600.
September 18, 2024 | 10:46 am
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Needham's analyst Quinn Bolton has initiated coverage on Super Micro Computer with a Buy rating and a price target of $600, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a high price target of $600 by Needham suggests a strong positive sentiment towards SMCI. This is likely to boost investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100