B. Riley Securities Maintains Buy on Silicon Motion Technology, Raises Price Target to $112

7/8/24 1:57:29 PM ET

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Technology

B. Riley Securities analyst Craig Ellis maintains Silicon Motion Technology (NASDAQ:SIMO) with a Buy and raises the price target from $109 to $112.

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Recent Analyst Ratings for
$SIMO

Date	Price Target	Rating	Analyst
6/18/2025	$90.00	Neutral → Buy	BofA Securities
4/23/2025	$47.00	Underperform → Neutral	BofA Securities
10/31/2024	$96.00 → $90.00	Buy	Craig Hallum
8/16/2024	$90.00 → $60.00	Buy → Underperform	BofA Securities
5/6/2024	$80.00 → $96.00	Buy	Craig Hallum
5/6/2024	$59.00 → $88.00	Equal-Weight → Overweight	Morgan Stanley
2/7/2024	$64.00 → $90.00	Neutral → Buy	B. Riley Securities
2/7/2024	$75.00 → $80.00	Buy	Craig Hallum