Roth Capital raised the firm’s price target on Silicon Motion (SIMO) to $90 from $70 and keeps a Buy rating on the shares. The firm believes Silicon Motion’s visibility into its full-year guide remains with reasonable corer PC/smartphone demand and line-of-sight to the newer enterprise MonTitan program ramp start. Roth added that it believes the company’s healthy profitability and cash position can contribute to further share gains in 2H25.
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Read More on SIMO:
- Silicon Motion price target raised to $90 from $75 at B. Riley
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