From Yahoo Finance: 2025-06-19 09:30:00

BofA analyst Simon Woo upgraded Silicon Motion (SIMO) to Buy from Hold with a price target of $90, up from $55. The firm cites three catalysts: increasing enterprise solution sales, strong topline growth with high gross margins, and the potential for $160M+ in deal break-up fees if Silicon Motion wins its arbitration case against MaxLinear in late Q4. Silicon Motion may benefit from AI investments by selling MonTitan series products.

Read more: BofA upgrades Silicon Motion to Buy, cites three catalysts