Silicon Motion (SIMO) Receives a Rating Update from a Top Analyst
Craig Ellis from B. Riley Securities maintains a Buy rating on Silicon Motion with a $125 price target. Ellis, a top analyst with a 31.4% average return, covers the Technology sector. Another report reiterates a Buy rating with a $112 target. Ellis's insights are valuable for investors in the tech industry.
In a report released today, Craig Ellis from B. Riley Securities maintained a Buy rating on Silicon Motion, with a price target of $125.00.
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According to TipRanks, Ellis is a top 100 analyst with an average return of 31.4% and a 57.14% success rate. Ellis covers the Technology sector, focusing on stocks such as IonQ, Formfactor, and Onto Innovation.
In a report released on November 6, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $112.00 price target.
