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Super Micro Computer shares on the hunt for records: Barclays with a buy recommendation and price target of $961
According to a report from www.finanzen.net, the Super Micro Computer share is still in an impressive upward trend, which did not stop on Thursday. Analysts at Barclays gave the stock an Overweight rating and set a price target of $961. This is based on the strong demand for data centers, which Super Micro is benefiting from. Expert opinions on the stock vary, with a wide price target range of $160 to $961. Super Micro is considered a leading provider of server and storage solutions and is benefiting from the digitalization of the economy and the boom in artificial intelligence. Super Micro Computer shares have risen by more than 200 since the beginning of the year...
Super Micro Computer shares on the hunt for records: Barclays with a buy recommendation and price target of $961
According to a report by www.finanzen.net,
The Super Micro Computer share is still in an impressive upward trend, which did not stop on Thursday. Analysts at Barclays gave the stock an Overweight rating and set a price target of $961. This is based on the strong demand for data centers, which Super Micro is benefiting from.
Expert opinions on the stock vary, with a wide price target range of $160 to $961. Super Micro is considered a leading provider of server and storage solutions and is benefiting from the digitalization of the economy and the boom in artificial intelligence.
Super Micro Computer shares have risen more than 200 percent since the beginning of the year, reaching a new record high of $1,004.00 in Thursday trading.
Barclays' buy recommendation and high price target as well as positive forecasts from experts due to increasing demand for data centers and digitalization could continue to lead to a continued upward trend for Super Micro Computer shares. Investors should continue to monitor developments closely as the stock may remain in market focus.
Read the source article at www.finanzen.net