Super Micro Computer Stock Burdened With 'Sell' Rating

Super Micro Computer Inc (NASDAQ:SMCI) shares are down 5.6% to trade at $28.44 at last glance, after Goldman Sachs initiated coverage with a "sell" rating and $26 price target, down from $34. The analyst in coverage noted the tech company's margins may see additional downside.Coming into today, eight of 19 analysts in question still called the equity a "hold" or worse, while the 12-month consensus target price of $45.32 is a 60.4% premium to current levels. This means there is plenty of room for downgrades ...