Summit Redstone Upgrades Silicon Motion Technology (SIMO) to Buy
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Price: $72.93 -1.09%
Rating Summary:
15 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
15 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Summit Redstone upgraded Silicon Motion Technology (NASDAQ: SIMO) from Hold to Buy.
Analyst Kinngai Chan believes NT and Medium-Term NANO flash supply supply dynamics favors the company and upgrades the shares on expectations of equity outperformance.
For an analyst ratings summary and ratings history on Silicon Motion Technology click here. For more ratings news on Silicon Motion Technology click here.
Shares of Silicon Motion Technology closed at $52.47 yesterday.
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