Silicon Motion Technology (NASDAQ:SIMO) Rating Increased to Equal Weight at Morgan Stanley
Silicon Motion Technology (NASDAQ:SIMO) was upgraded by stock analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research note issued to investors on Thursday, The Fly reports. The firm currently has a $78.00 target price on the semiconductor producer’s stock, up from their previous target price of $68.00. Morgan […]