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
Loop Capital significantly cuts the target price of Super Micro Computer (SMCI.US), but still bullish on its AI prospects.
Loop Capital released research reports, lowering the target price of Super Micro Computer from $1500 to $1000, a decrease of nearly 33.33%, but still maintaining a "buy" rating.