Super Micro Computer Unveils New Intel-based X14 Servers
Express News | Supermicro Adds New Max-Performance Intel-Based X14 Servers, Delivering the Industry's Broadest Range of Workload-Optimized Systems for AI, HPC, Cloud, and Edge
US stock market anomaly | Super Micro Computer falls more than 2%, subjected to a significant target price downgrade to $1000 by Loop Capital.
On September 24th, Gelunhui｜Super Micro Computer (SMCI.US) fell more than 2%, closing at $456.59. On the news front, Loop Capital issued a research report, lowering the target price of Super Micro Computer from $1500 to $1000, maintaining a "buy" rating. Analyst Ananda Baruah pointed out that the reason for lowering the target price is the company's efforts to restore the gross margin/operating margin to 14%/10% and address the situation regarding the delayed submission of the 10-K report.
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Loop Capital Maintains Super Micro Computer(SMCI.US) With Buy Rating, Cuts Target Price to $1,000
Loop Capital analyst Ananda Baruah maintains $Super Micro Computer(SMCI.US)$ with a buy rating, and adjusts the target price from $1,500 to $1,000.According to TipRanks data, the analyst has a