PENG (NASDAQ:PENG – Free Report) had its price objective trimmed by Barclays from $27.00 to $22.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an overweight rating on the stock.
Separately, Needham & Company LLC cut their price target on shares of PENG from $35.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday.
Read Our Latest Research Report on PENG
PENG Stock Up 2.4 %
PENG Company Profile
SMART Global Holdings, Inc, a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.
Featured Articles
- Five stocks we like better than PENG
- Investing in Travel Stocks Benefits
- NuScale Rockets Higher on Amazon Deal: How High Can It Go?
- Transportation Stocks Investing
- Why Micron Could Rally All The Way Through Q4
- Trading Stocks: RSI and Why it’s Useful
- Should Warren Buffett’s Favorite Stock be Yours Too?
Receive News & Ratings for PENG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PENG and related companies with MarketBeat.com's FREE daily email newsletter.
