Super Micro Computer (SMCI) Misses Q1 EPS by 1c

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Susquehanna Cuts Price Target Following Super Micro Computer's (SMCI) 1Q Results

October 23, 2015 9:18 AM EDT

Susquehanna maintained a Positive rating on Super Micro Computer (NASDAQ: SMCI), and cut the price target to $35.00 (from $40.00), following the company's 1Q16 earnings results. Reported revenue and Non-GAAP EPS were in line with the Oct 8 negative preannouncement. However, revenue guidance was better than... More