Super Micro's stock could hit $1,300, Wall Street's biggest bull says

A year ago, Super Micro Computer Inc.’s stock was trading near $90. Now an analyst sees a pathway to $1,300. Super Micro shares SMCI, -8.56% have come a long way in the past year, closing Friday around $800, as the server maker has proved itself a beneficiary of frenzied spending on artificial intelligence. Rosenblatt Securities analyst Hans Mosesmann’s new target, the highest among analysts tracked by FactSet, implies roughly 60% upside from Friday’s close.Despite Mosesmann’s optimism, Super Micro shares w ...