Rosenblatt analyst Hans Mosesmann raised the firm’s price target on Super Micro Computer (SMCI) to $375 from $300 and keeps a Buy rating on the shares after the company pre-announced “record” bookings. The market is “set to be on its heels for several quarters” and the firm sees Super Micro capturing incremental AI supply as a premier enterprise partner to Nvidia (NVDA) and its Hopper ramp, the analyst tells investors.
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Read More on SMCI:
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