Super Micro Computer (OTCMKTS:SMCI) Lifted to “B” at TheStreet

Super Micro Computer (OTCMKTS:SMCI) was upgraded by equities research analysts at TheStreet from a “c+” rating to a “b” rating in a research report issued on Tuesday, TheStreetRatingsTable reports.

Several other analysts have also weighed in on the company. ValuEngine lowered Super Micro Computer from a “sell” rating to a “strong sell” rating in a report on Saturday, October 5th. Maxim Group restated a “buy” rating and set a $37.00 price target on shares of Super Micro Computer in a report on Friday, January 10th.

OTCMKTS:SMCI traded up $0.70 during midday trading on Tuesday, hitting $27.70. 413,462 shares of the company traded hands, compared to its average volume of 234,059. The firm’s fifty day moving average is $23.16 and its 200-day moving average is $20.01. Super Micro Computer has a 12-month low of $14.50 and a 12-month high of $30.00.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services.

See Also: Depreciation

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