Super Micro Computer Inc (NASDAQ: SMCI) stock enjoyed a major increase of 14.9% on 11/14/23. The shares closed at $293.87. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.3% during the last week.
Current PriceTarget Research Rating
SMCI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Super Micro Computer has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Super Micro Computer has a slightly positive Appreciation Score of 67 and a very high Power Rating of 100, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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