SMART Global Holdings, Inc. (SGH) Acquires Stratus Technologies for Up to $275M

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Go back to SMART Global Holdings, Inc. (SGH) Acquires Stratus Technologies for Up to $275M

SMART Global Holdings (SGH) PT Lowered to $32 at Jefferies

June 30, 2022 7:40 AM EDT

Jefferies analyst Mark Lapacis lowered the price target on SMART Global Holdings (NASDAQ: SGH) to $32.00 (from $40.00) while maintaining a Buy rating.

The analyst commented, "SGH reported a beat and miss with AugQ EPS outlook below street by 22%. While IPS was guided to... More