Super Micro (SMCI) stock slides as Citi trims target and tariff jitters hit AI hardware
New York, Jan 20, 2026, 12:08 EST — Regular session Shares of Super Micro Computer, Inc. (SMCI) dropped 4.2% to $31.28 in late morning trading Tuesday. The decline followed Citi analyst Asiya Merchant slashing the 12-month price target to $39 from $48 while maintaining a Hold rating, according to TipRanks. (TipRanks) The sell-off comes as investors retreat from risk, with…