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Benzinga
Benzinga
Business
Namrata Sen

SMCI Stock Gets Price Target Bump — But It's Still Below Current Share Price

Super Micro Computer SMCI

Super Micro Computer Inc (NASDAQ:SMCI) has seen its price target raised by Mizuho from $40 to $47, despite maintaining a Neutral rating on the stock.

What Happened: Mizuho has kept its revenue and earnings per share (EPS) estimates for the June quarter unchanged at $6.00 billion and $0.45, respectively. These figures are in line with the consensus estimates of $6.00 billion and $0.44, as per Investing.com.

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