Jul. 11 at 2:46 PM
$SMCI Super Micro Computer , a provider of servers and IT systems, is set to announce its . Wall Street expects the company to report EPS of
$0.44 on revenue of
$5.96 billion in Q4. Ahead of the results, raised her price target on the stock to
$52, up from
$37. While she maintained a Neutral rating, Merchant believes stronger demand for servers and easing supply constraints could support growth in the coming quarters.
$C