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Silicon Motion Technology Corporation (SIMO) Stock in Focus Amid Strong Start to 2026
Yahoo Finance· 2026-02-12 13:58
We recently compiled a list of the 15 Best Strong Buy Tech Stocks to Invest In. The eleventh stock on our list of best Strong Buy stocks is Silicon Motion Technology Corporation. TheFly reported on February 5 that B. Riley raised its price target on SIMO to $167 from $135 while maintaining a Buy rating. The company’s Q4 results significantly exceeded consensus estimates, and its Q1 guidance indicates continued strong momentum. On the same day, Wedbush analyst Matt Bryson also raised the price target on ...