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Why Super Micro Computer Stock Is Surging Again Today


Shares of Super Micro Computer (NASDAQ: SMCI) are making big gains in Wednesday's trading session. The red-hot server company's share price was up 6.6% as of 12:30 p.m. ET today, according to data from S&P Global Market Intelligence.

Yesterday, published a bullish note on the stock. The firm's analysts retained an overweight rating on the company and raised their one-year price target to $961 per share.

The analysts previously had a one-year target of $691 on the stock, which Super Micro has already surpassed. Besides the Barclays note, the company's valuation could also be getting a boost from bullish coverage on Nvidia.

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Source Fool.com

Barclays plc Stock

€2.74
3.130%
Barclays plc dominated the market today, gaining €0.083 (3.130%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Barclays plc stock is not clear.
With a target price of 3 € there is a slightly positive potential of 9.61% for Barclays plc compared to the current price of 2.74 €.
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