Maxim Group Analysts Give Super Micro Computer (NASDAQ:SMCI) a $36.00 Price Target

Maxim Group set a $36.00 price objective on Super Micro Computer (NASDAQ:SMCI) in a report issued on Friday morning, TipRanks reports. The firm currently has a buy rating on the technology company’s stock.

SMCI traded up $1.29 on Friday, hitting $17.60. 197,612 shares of the company were exchanged, compared to its average volume of 136,700. The business has a fifty day moving average price of $18.74. Super Micro Computer has a fifty-two week low of $8.50 and a fifty-two week high of $23.04.

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.

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