Super Micro Computer Stock Sees Another Downgrade
Super Micro Computer(US:SMCI) Schaeffers Investment Researchยท2024-09-06 14:13The analyst in coverage also cut its price objective to $500 from $950 Super Micro Computer Inc (NASDAQ:SMCI) stock is down 3.9% to trade at $398.39 at last check, after J.P. Morgan Securities downgraded it to "neutral" from "overweight" and lowered its price objective to $500 from $950. The firm cited the company's compliance issues. The shares attracted another aggressive bear note earlier this week, which knocked them to their lowest level since January amid resistance from the $650 level. Now pacing for ...