Silicon Graphics International Corp (SGI) PT Raised to $2.70

Silicon Graphics International Corp (NASDAQ:SGI) had its price target raised by equities research analysts at Pi Financial from $2.60 to $2.70 in a report released on Thursday. The brokerage presently has a “buy” rating on the technology company’s stock. Pi Financial’s target price suggests a potential downside of 65.16% from the stock’s current price.

Separately, BMO Capital Markets reiterated an “outperform” rating and issued a $1.60 price objective on shares of Silicon Graphics International Corp in a research note on Thursday, September 7th.

Silicon Graphics International Corp (NASDAQ:SGI) opened at $7.75 on Thursday. Silicon Graphics International Corp has a 1 year low of $4.33 and a 1 year high of $7.79. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.58 and a quick ratio of 1.24.

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About Silicon Graphics International Corp

Silicon Graphics International Corp. (SGI) is engaged in providing solutions for compute, data analytics and data management. The Company develops, markets and sells a line of mid-range and high-end scale-out and scale-up servers, enterprise-class storage, differentiating software and designed-to-order solutions for data center deployments.

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