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home / articles / sgh faces revenue challenges analyst adjusts fy24 es mwn benzinga

SGH - SGH Faces Revenue Challenges: Analyst Adjusts FY24 Estimates Amid Macro And Supply Headwinds | Benzinga

SMART Global Holdings Inc.

Stifel analyst Brian Chin reiterated a Buy rating on SMART Global Holdings, Inc. (NASDAQ: SGH), lowering the price target to $26 from $32.

The company reported Q4 earnings of $0.35 per share, which missed the analyst consensus estimate of $0.45, a 56.25% decrease over earnings of $0.80 per share from last year. 

While the miss can be partially explained by management moving the for-sale Brazil memory business into discontinued ops, even normalized, Full story available on Benzinga.com
Stock Information
Company Name: SMART Global Holdings Inc.
Stock Symbol: SGH
Market: NASDAQ
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