Silicon Motion Technology (SIMO) Declares $0.30 Quarterly Dividend; 3.3% Yield

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Silicon Motion Technology (SIMO) PT Raised to $50 at Roth Capital

April 25, 2019 3:35 PM EDT

Roth Capital analyst Suji Desilva raised the price target on Silicon Motion Technology (NASDAQ: SIMO) to $50.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "SIMO will report 1Q19 earnings next week. Having already preannounced revenue and gross margin below the lower-end of... More