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Goldman Sachs Sticks to Its Sell Rating for Super Micro Computer (SMCI)

Tip Ranks
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Goldman Sachs analyst Katherine Murphy maintained a Sell rating on Super Micro Computer yesterday and set a price target of $34.00. The company’s shares closed yesterday at $35.64.

Murphy covers the Technology sector, focusing on stocks such as NetApp, Super Micro Computer, and Hewlett Packard Enterprise. According to TipRanks, Murphy has an average return of 49.3% and a 60.53% success rate on recommended stocks.

Currently, the analyst consensus on Super Micro Computer is a Hold with an average price target of $39.23, a 10.07% upside from current levels. In a report released on September 12, Susquehanna also reiterated a Sell rating on the stock with a $15.00 price target.

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