Why Super Micro Computer Stock Is Sinking Today
Supermicro is falling on the heels of recent coverage on the stock from J.P. Morgan. While J.P. Morgan's analysts said that orders for Supermicro's servers continued to be robust despite recent controversies surrounding the company, it maintained an underweight rating on the stock and a one-year price target of $23 per share.
Super Micro Computer stock has surged significantly from its November 2024 lows. Read why I reiterate my buy rating on SMCI.
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Super Micro’s management helped assuage some concerns over customer orders, margins and liquidity, but J.P. Morgan is still ...
KlaymanToskes Investigates Significant Investor Losses Following SMCI's Volatile Stock Decline NEW YORK, NY / ACCESSWIRE / December 11, 2024 / ...
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