SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 8c, Beats on Revenues; Offers Positive Q4 EPS Guidance

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Go back to SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 8c, Beats on Revenues; Offers Positive Q4 EPS Guidance

SMART Global Holdings (SGH) PT Raised to $23 at Jefferies Following 1Q

June 23, 2017 7:38 AM EDT

Jefferies raised its price target on SMART Global Holdings (NASDAQ: SGH) to $23.00 (from $21.00) while maintaining a Buy rating following the company's 1Q. SGH reported EPS of $0.62, better than the consensus estimate of $0.58, driven by 180bps better revenue, and 200bps better GM.

While Jefferies thinks... More

SMART Global Holdings (SGH) PT Raised to $23 at Needham & Company on 3Q Beat & Raise; 'Positive Commentary Towards Global Memory Pricing & Demand'

June 23, 2017 6:51 AM EDT

Needham & Company raised its price target on SMART Global Holdings (NASDAQ: SGH) to $23.00 (from $20.00) while maintaining a Strong Buy rating, following the company's third quarter earnings announcement.

Analyst Rajvindra Gill notes the company delivered third quarter earnings per share and revenue results above consensus... More