Form 6-K Silicon Motion Technolog For: Feb 05

Go back to Form 6-K Silicon Motion Technolog For: Feb 05

Silicon Motion Technology (SIMO) PT Lowered to $44 at Susquehanna

February 7, 2018 11:22 AM EST

Susquehanna lowered its price target on Silicon Motion Technology (NASDAQ: SIMO) to $44.00 (from $48.00) while maintaining a Neutral rating.

Analyst Mehdi Hosseini commented, "SIMO's report and guide relatively consistent with our Jan 16 downgrade (link) as we do not envision NAND availability... More