Wall Street Analysts Believe Silicon Motion (SIMO) Could Rally 25.56%: Here's is How to Trade

Shares of Silicon Motion (SIMO) have gained 1.8% over the past four weeks to close the last trading session at $75.13, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of$94.33 indicates a potential upside of 25.6%.The average comprises nine short-term price targets ranging from a low of $85 to a high of$110, with a standard deviation of $8.26. While the lowest estimate indicates ...