$Super Micro Computer (SMCI.US)$ Barclays analyst George Wan...
Barclays analyst George Wang CFA maintains a neutral position on SMCI stocks and gave a hold rating on November 5th.
George Wang CFA's rating is based on the latest developments in super micro computer. The company faced setbacks due to the resignation of the previous auditor, resulting in unaudited financial statements. This situation has raised concerns about the company's financial transparency and the reliability of reported financial data.
Given these uncertainties, George Wang CFA rates the stock as hold. This rating indicates that while the company has potential, unresolved issues in its financial audit need to be addressed before stronger investment recommendations are made. It is advised for investors to carefully consider these factors in the decision-making process.
Wang CFA covers the technology sector, focusing on stocks such as super micro computer, Flex, and Garmin. According to TipRanks' data, Wang CFA's average ROI is 8.3%, with a success rate of stock recommendations at 57.81%.
In another report released on November 5th, Goldman Sachs also gave the stock a 'hold' rating with a target price of $67.50.
George Wang CFA's rating is based on the latest developments in super micro computer. The company faced setbacks due to the resignation of the previous auditor, resulting in unaudited financial statements. This situation has raised concerns about the company's financial transparency and the reliability of reported financial data.
Given these uncertainties, George Wang CFA rates the stock as hold. This rating indicates that while the company has potential, unresolved issues in its financial audit need to be addressed before stronger investment recommendations are made. It is advised for investors to carefully consider these factors in the decision-making process.
Wang CFA covers the technology sector, focusing on stocks such as super micro computer, Flex, and Garmin. According to TipRanks' data, Wang CFA's average ROI is 8.3%, with a success rate of stock recommendations at 57.81%.
In another report released on November 5th, Goldman Sachs also gave the stock a 'hold' rating with a target price of $67.50.
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