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Alpha & Omega price target raised to $50 from $40 at B. Riley

Alpha & Omega price target raised to $50 from $40 at B. Riley

B. Riley raised the firm’s price target on Alpha & Omega (AOSL) to $50 from $40 and keeps a Buy rating on the shares. The analyst continues to believe the company has potential to significantly expand its SAM into Nvidia (NVDA) artificial intelligence servers in the second half of 2024.

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