Super Micro Computer shares dropped 4.5% as analysts downgraded ratings and price targets.

Super Micro Computer (SMCI) shares fell 4.5% on Monday, as several analysts downgraded their ratings and price targets. Nomura downgraded the company to a "neutral" rating and set a $930.00 price target, while Rosenblatt Securities reiterated a "buy" rating and set a $1,300.00 price target. The company's debt-to-equity ratio is 0.35, and its current ratio is 4.69. Super Micro Computer's stock has a consensus rating of "Hold" and an average price target of $999.92.

August 05, 2024
4 Articles

Further Reading