Silicon Motion First to Achieve ASPICE CL3 for Automotive SSD Controllers
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Needham Assumes Silicon Motion Technology (SIMO) at Buy
February 7, 2025 6:28 AM ESTNeedham analyst Nick Doyle assumes coverage on Silicon Motion Technology (NASDAQ: SIMO) with a Buy rating and a price target of $70.00.
The analyst comments "SIMO posted a slight beat, but guidance disappointed. Muted holiday consumer demand (PCs, handsets and aftermarket SSDs)... More
