Super Micro Computer shares tumble on Barclays downgrade
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JPMorgan Downgrades Super Micro Computer (SMCI) to Neutral, 'Uncertainty of 10K Delay and Follow-up Response Will Drive Overhang'
September 6, 2024 6:06 AM EDTJPMorgan analyst Samik Chatterjee downgraded Super Micro Computer (NASDAQ: SMCI) from Overweight to Neutral with a price target of $500.00 (from $950.00).
The analyst comments "We are downgrading shares of Super Micro to a Neutral rating (from Overweight prior) while we await the company cycling past the overhang in relation to evaluating internal controls as well as the delay in regulatory filings, and expect progress on the filings as well as the competitive response to solidify its... More
Evercore ISI Says Google Search Remains Leader While Falling 6% From June Through August
September 4, 2024 10:16 AM EDTEvercore ISI analyst Mark Mahaney reiterated an Outperform rating and $225.00 price target on Alphabet (NASDAQ: GOOGL)
The analyst comments (emphasis Street Insider): "High-Level Survey Takes: For the second time, we surveyed consumers overall Search Engine usage trends as well as adoption and usage of Gen AI Search with a 1,000+ respondent U.S. survey. The... More
