Smh stock price currently reflects solid ETF inflows
SMH stock price currently reflects solid ETF inflows, with $350 million added over the past three weeks. This suggests growing investor conviction in chip stocks. Turning to Wall Street, SMH earns a Moderate Buy consensus rating based on 21 Buys, five Holds, and zero Sell ratings assigned in the past three months. The average SMH stock price target of $285.18 implies 7.5% upside potential from current levels. Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. The SMH stock price trend continues to ride above its 20-day moving average, suggesting short-term traders may buy dips toward that level.
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