Super Micro Computer gaps up following better results, levels to watch The stock was last up over 11.4% after the company turned in stronger than expected earnings of 18 cents per share for its Q2 and raised Q3 guidance to 17 cents to 21 cents versus consensus of 15 cents. At the current price of $11.73, next resistance is at $12.10, and then at $12.30. Support is at $11.45.
Three Part Advisors to hold a conference Southwest IDEAS Conference is being held in Addison, Texas on November 19-20 with webcasted company presentations to begin on November 20 at 9 am; not all company presentations may be webcasted. Webcast Link
Super Micro Computer price target raised to $40 from $32 at Stifel Stifel increased its price target on Super Micro after meeting with the company's CFO. The firm remains comfortable with the company's continued momentum and keeps a Buy rating on the shares.