Lynx Equity On Super Micro Computer (SMCI): “We Are Now Raising Our PT From $45 To $60 Based On The Expectation That, With The Nasdaq Decision In Hand, Many Investors Are Likely To Return”

Super Micro Computer (NASDAQ: SMCI), the struggling retailer of servers and AI racks, has won a rare stock price target upgrade today in what is a testament to the improving sentiment around the battered stock. Lynx Equity Raises $SMCI PT to $60 from $45, Comments ‘Many Investors Are Likely to Return’ Analyst comments: “The Company filed an 8-K Friday after market close – the NASDAQ has granted its request for an extension for filing the necessary 10-K and 10-Q documents. The company… — Wall St Engine (@wallstengine) December 9, 2024 To wit, Lynx Equity has now hiked its price target […]

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