This Hot AI Stock Is Up 202% and Still Has Upside, According to 1 Wall Street Analyst
Super Micro Computer (SMCI 10.83%) stock has rocketed 202% year to date, and that follows a similar run in 2023. Barclays analyst George Wang recently raised the share price target to $961 while maintaining his buy rating on the stock. That new target represents an upside of 21% from the stock's Feb. 13 closing price.The problem is that Supermicro (as it is more commonly known) stock is running up fast, and it could hit the analysts' target in a matter of days. Optimism about the IT rack solution provider's ...