Super Micro Computer (SMCI) Tops Q3 EPS by 3c, Revenues Beat; Offers 4Q Revenues Guidance Above Consensus, Affirms 4Q EPS Views

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Super Micro Computer (SMCI) PT Raised to $44 at Susquehanna

May 5, 2021 6:53 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Super Micro Computer (NASDAQ: SMCI) to $44.00 (from $40.00) while maintaining a Positive rating.

The analyst commented, "We are updating estimates following SMCI's Mar-Q earnings and conf call. Although the company's growth drivers are materializing, driving... More