B. Riley Raises Price Targets on Silicon Motion and Stagwell
B. Riley Securities lifted its price target on Silicon Motion to $310 from $288 and on Stagwell to $12 from $10, per Dow Jones Newswires citing Benzinga.
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what happened
Dow Jones Newswires reports that B. Riley Securities increased its price target on Silicon Motion to $310 per share from $288. The same firm raised its target on Stagwell to $12 from $10 per share.
The rating changes were compiled by Benzinga, which tracks analyst actions for SIMO and STGW.
why it matters
Target changes like these reflect an analyst's view of fair value and rarely move markets on their own. Investors usually watch earnings and sector trends more closely than a single brokerage revision.
tags
instruments
sources
- Silicon Motion Price Target Raised to $310.00/Share From $288.00 by B. Riley Securities — Dow Jones Newswires, 30 October 2026 at 13:57 UTC
- Stagwell Price Target Raised to $12.00/Share From $10.00 by B. Riley Securities — Dow Jones Newswires, 30 October 2026 at 13:57 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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