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SMART Global (NDAQ:SGH) target price raised to $40.00, reported today by Needham

Yesterday SMART Global (NDAQ:SGH) traded -5.82% lower at $35.58. The company’s 50-day moving average is $23.80 and its 200-day moving average is $18.94. The last stock close price is up 83.67% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 472,669 shares of the stock were exchanged, up from an average trading volume of 256,308

SMART Global (NDAQ:SGH) had its target price raised to $40.00 by Needham in a report released 10/12/2017. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Previously on 10/11/2017, Needham reported about SMART Global (NDAQ:SGH) raised the target price from $33.00 to $40.00. At the time, this indicated a possible upside of 0.09%.

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With a total market value of $0, SMART Global has with a one year low of $11.50 and a one year high of $38.24 .

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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