DonCorleone77
Oct 30, 1:55 PM
$SIMO
Although it is not going to help today, it was nice to see B Riley increase their price target on SIMO despite lowering targets on other stocks in the sector:
**Silicon Motion price target raised to
$310 from
$288 at B. Riley**
B. Riley analyst Craig Ellis raised the firm's price target on Silicon Motion to
$310 from
$288 and keeps a Buy rating on the shares. The company's Q3 report beat on enterprise strength and robust gross margins, the analyst tells investors in a research note.
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