Experts predict $1,300 for SMCI stock despite slump

After a previous week saw some turbulent action for Super Micro Computer (NASDAQ: SMCI) stock, which surpassed $1,000 with an RSI of 97, reminding us of Gamestop stock-like action, it quickly retraced in the coming days by losing -20% of its value.However, this quick retracement doesn’t scare off analysts, especially those from Rosenblatt, as they placed a $1,300 price target for this stock.Super Micro Computer $SMCI will surge to $1,300 says Rosenblatt pic.twitter.com/Hb52u63NGv— Barchart (@Barchart) Febru ...