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Silicon Motion (SIMO) Gets Higher Price Targets from BofA and B. Riley
Insider Monkey105d agoneutral
Silicon Motion (SIMO) Gets Higher Price Targets from BofA and B. Riley

Silicon Motion Technology Corporation (NASDAQ:SIMO) is one of the 10 Best Performing Growth Stocks So Far in 2026. On May 28, BofA increased its price target on Silicon Motion Technology Corporation (NASDAQ:SIMO) from $320 to $450 and maintained a Buy rating on the stock. The research firm revised its EPS forecasts, pointing to stronger sales […]

B. Riley Raises its Price Target on Silicon Motion (SIMO)
Insider Monkey125d agoneutral
B. Riley Raises its Price Target on Silicon Motion (SIMO)

Silicon Motion Technology Corporation (NASDAQ:SIMO) is one of the 8 High Return Semiconductor Stocks to Buy Now. On May 12, 2026, B. Riley raised the firm’s price target on Silicon Motion Technology Corporation (NASDAQ:SIMO) to $312 from $250 and kept a Buy rating on the shares. The firm said AI investment continues accelerating faster than […]