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A statement released earlier today by Needham about SMART Global (NDAQ:SGH) raises the target price to $40.00

Boasting a price of $36.53, SMART Global (NDAQ:SGH) traded 11.54% higher on the day. With the last stock price up 96.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. SGH has recorded a 50-day moving average of $23.27 and a 200-day moving average of $18.75. 522,682 shares of the stock were exchanged, up from an average trading volume of 249,802

In a report released on 10/11/2017 Needham raised the target price of SMART Global (NDAQ:SGH) from $33.00 to $40.00 stating a potential upside of 0.09%.

On 09/29/2017, Needham released a statement on SMART Global (NDAQ:SGH) bumped up the target price from $23.00 to $33.00 that suggested an upside of 0.25%.

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SMART Global (NDAQ:SGH)

SMART Global has a 52 week low of $11.50 and a 52 week high of $37.11 The company’s total market value is presently $0.

More About SMART Global (NDAQ:SGH)

Smart Global Holdings Inc. is a holding company. The Company through its subsidiaries provides specialty memory solutions. The Company manufactures memory for desktops, notebooks, servers and mobile memory for smartphones. The Company also serves original equipment manufacturer (OEM), customers to develop memory solutions. The Company also provides customized, integrated supply chain services to certain OEM customers to assist them in the management and execution of their procurement processes. The Company offers its products and services under a range of categories including dynamic random-access memory (DRAM) components, DRAM modules, flash components, mobile memory and supply chain services. The Company offers a range of DRAM modules including DIMMs, nonvolatile DIMMs, load reducing DIMMs, registered DIMMs, unbuffered DIMMs, small outline DIMMs, and mini-DIMMs.

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