Super Micro shares slammed following delay in annual filing

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Go back to Super Micro shares slammed following delay in annual filing

Rosenblatt Reiterates $1,300 PT and Buy on Super Micro Computer (SMCI), '25% correction seems over the top when considering the Hindenburg dynamic as old news or inaccurate'

August 28, 2024 2:05 PM EDT

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,300.00 price target on Super Micro Computer (NASDAQ: SMCI)

The analyst comments "Thoughts on SMCI share price correction today on 10K delay based on checks. Today, Supermicro delayed the release of its 10K (due tomorrow),... More