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Super Micro’s stock has its doubters, but it just got a vote of confidence – Vested Daily

Super Micro’s stock has its doubters, but it just got a vote of confidence

March 11, 2025

https://images.mktw.net/im-99324584

Last Updated: March 10, 2025 at 10:01 p.m. ET
First Published: March 10, 2025 at 11:43 a.m. ET

Numerous analysts remain wary of Super Micro Computer Inc.’s stock despite the company’s return last month to regulatory compliance, but the artificial-intelligence server maker received a boost of confidence on Wall Street Monday morning.

Rosenblatt Securities reinitiated coverage on Super Micro’s stock

SMCI with a buy rating and a 12-month price target of $60. But analyst Kevin Cassidy, who has taken over coverage at Rosenblatt, noted that Super Micro still has to prove itself to Wall Street.