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Super Micro price target lowered to $45 from $50 at Mizuho

Mizuho analyst Vijay Rakesh lowered the firm’s price target on Super Micro (SMCI) to $45 from $50 and keeps a Neutral rating on the shares following the earnings report. The company issued good guidance as expected as artificial intelligence GB300 server ramps, but its gross margins remain challenged, files to sell common stock, no amount given

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