Maxim Group analyst Nehal Chokshi maintained a Buy rating on Super Micro Computer (SMCI) on August 2 and set a price target of $36. The company’s shares closed on Friday at $17.
According to TipRanks.com, Chokshi is a 4-star analyst with an average return of 5.1% and a 50.0% success rate. Chokshi covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Palo Alto Networks, and Turtle Beach Corp.
Super Micro Computer has an analyst consensus of Moderate Buy, with a price target consensus of $36.
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The company has a one-year high of $23.04 and a one-year low of $8.50. Currently, Super Micro Computer has an average volume of 104K.
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Super Micro Computer, Inc. manufactures servers and other computer products. The firm’s products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, networking, embedded, gaming, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack, and server management.
