BidaskClub upgraded shares of Super Micro Computer (NASDAQ:SMCI) from a sell rating to a hold rating in a research note published on Thursday.
Several other brokerages have also weighed in on SMCI. KeyCorp reissued a hold rating on shares of Super Micro Computer in a report on Friday, September 1st. DA Davidson lowered Super Micro Computer from a buy rating to a neutral rating and decreased their price objective for the stock from $33.00 to $27.00 in a report on Monday, September 18th. Zacks Investment Research lowered Super Micro Computer from a strong-buy rating to a hold rating in a report on Thursday, October 5th. TheStreet downgraded Super Micro Computer from a b- rating to a c rating in a research note on Tuesday, October 10th. Finally, Maxim Group restated a buy rating and issued a $45.00 target price on shares of Super Micro Computer in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. Super Micro Computer currently has an average rating of Hold and a consensus target price of $28.13.
Shares of Super Micro Computer (NASDAQ SMCI) opened at $22.00 on Thursday. Super Micro Computer has a twelve month low of $17.70 and a twelve month high of $31.75. The firm has a market capitalization of $1,071.25, a PE ratio of 16.42, a P/E/G ratio of 1.28 and a beta of -0.06. The company has a quick ratio of 1.15, a current ratio of 2.34 and a debt-to-equity ratio of 0.12.
About Super Micro Computer
Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.
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