Stocks · News reference
B. Riley Securities Maintains Buy on Silicon Motion Tech, Raises Price Target to $350
B. Riley Securities analyst Craig Ellis maintains Silicon Motion Tech (NASDAQ:SIMO) with a Buy and raises the price target from $312 to $350.
Reference details
Connected markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Jul 31, 2026, 3:39 PM
- Checked
- Jul 31, 2026, 3:39 PM
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related headlines
Shares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.
Read original at benzingaShares of semiconductor and chip companies are trading higher after AI cloud providers CoreWeave and Nebius reported better-than-expected Q2 results and server and storage maker Super Micro Computer reported better-than-expected Q4 financial results, all of which may help bolster the demand outlook for the sector.
Read original at benzingaReported Earlier, Silicon Motion Prices Upsized $1.0B Offering Of 0.00% Convertible Senior Notes Due 2031, Increased From $800M
Read original at benzinga