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Super Micro price target lowered to $25 from $39 at Citi

Citi lowered the firm’s price target on Super Micro (SMCI) to $25 from $39 and keeps a Neutral rating on the shares. The firm says the export-control allegations against three individuals associated with Super Micro, including its co-founder, elevates the company’s reputation risk. The shares warrant a lower valuation pending more visibility on the company’s path forward, the analyst tells investors in a research note.

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