Raymond James raised the firm’s price target on Super Micro (SMCI) to $53 from $41 and keeps an Outperform rating on the shares. Super Micro reported a Q4 miss and lower EPS outlook for Q1, with margin weakness expected to be a focal point, the analyst tells investors in a research note. The firm thinks strong sales growth is achievable with availability of Nvidia’s (NVDA) Blackwell GPU improved.
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